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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 511,645 shares, an increase of 105.4% from the December 31st total of 249,087 shares. Based on an average daily trading volume, of 679,197 shares, the days-to-cover ratio is currently 0.8 days. Currently, 36.0% of the shares of the stock are sold short. Currently, 36.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 679,197 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC acquired a new stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned about 17.86% of American Rebel as of its most recent filing with the SEC. Hedge funds and other institutional investors own 13.60% of the company’s stock.

American Rebel Price Performance

Shares of AREB stock opened at $0.28 on Friday. American Rebel has a 1-year low of $0.23 and a 1-year high of $745.00. The stock has a market capitalization of $2.41 million, a PE ratio of 0.00 and a beta of 1.24. The business has a 50-day moving average of $0.80 and a 200 day moving average of $9.88.

American Rebel’s stock is set to reverse split on the morning of Monday, February 2nd. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, February 1st.

American Rebel (NASDAQ:AREB) last issued its quarterly earnings data on Monday, November 10th. The company reported ($32.44) EPS for the quarter. The firm had revenue of $1.88 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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 has a consensus rating of “Sell”.

American Rebel Company Profile

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.