American Rebel Holdings, Inc. (NASDAQ:AREB) Sees Significant Drop in Short Interest

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 18,500 shares, a decline of 83.4% from the February 29th total of 111,400 shares. Based on an average trading volume of 751,200 shares, the short-interest ratio is presently 0.0 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On American Rebel

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AREB. Jane Street Group LLC bought a new position in American Rebel during the first quarter worth about $31,000. Verition Fund Management LLC bought a new position in American Rebel during the 1st quarter worth approximately $36,000. Raymond James & Associates acquired a new position in American Rebel during the first quarter valued at approximately $96,000. Armistice Capital LLC increased its stake in American Rebel by 149.0% in the third quarter. Armistice Capital LLC now owns 178,000 shares of the company’s stock valued at $124,000 after purchasing an additional 106,501 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in American Rebel in the fourth quarter worth $26,000. Institutional investors own 13.60% of the company’s stock.

American Rebel Trading Down 2.2 %

Shares of American Rebel stock opened at $0.28 on Friday. American Rebel has a 52 week low of $0.21 and a 52 week high of $6.49. The firm has a fifty day moving average of $0.28 and a two-hundred day moving average of $0.38.

American Rebel Company Profile

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company offers home, office, and personal safes, as well as vault doors; concealed carry backpacks; and a range of concealed carry jackets, vests, coats, and T-shirts for men and women.