American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Update

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 359,466 shares, a decline of 89.0% from the January 29th total of 3,266,557 shares. Approximately 460.9% of the shares of the company are sold short. Based on an average daily volume of 5,575,206 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 5,575,206 shares, the short-interest ratio is presently 0.1 days. Approximately 460.9% of the shares of the company are sold short.

Hedge Funds Weigh In On American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC bought a new position in American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned approximately 17.86% of American Rebel as of its most recent SEC filing. 13.60% of the stock is owned by hedge funds and other institutional investors.

American Rebel Price Performance

Shares of NASDAQ AREB traded up $0.04 during trading on Wednesday, reaching $0.19. 40,346,598 shares of the stock traded hands, compared to its average volume of 4,101,001. The stock has a market capitalization of $82,060.00, a P/E ratio of 0.00 and a beta of 1.22. American Rebel has a 52-week low of $0.15 and a 52-week high of $8,356.00. The company has a 50-day moving average of $8.56 and a 200-day moving average of $124.61.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of American Rebel in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

About American Rebel

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand. It also offers accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, mag minders, moisture guards, and rifle rod kits and rods. In addition, the company's personal security and self-defense products include concealed carry backpacks; and concealed carry jackets, vests, and coats, as well as T-shirts for men and women under the American Rebel brand.