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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a large decline in short interest during 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. Currently, 460.9% of the company’s stock are short sold. Based on an average daily volume of 5,575,206 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 5,575,206 shares, the days-to-cover ratio is presently 0.1 days. Currently, 460.9% of the company’s stock are short sold.

American Rebel Price Performance

American Rebel stock opened at $0.19 on Thursday. American Rebel has a one year low of $0.15 and a one year high of $8,356.00. The business’s fifty day moving average is $8.19 and its 200 day moving average is $123.74. The stock has a market capitalization of $82,060.00, a PE ratio of 0.00 and a beta of 1.22.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in American Rebel stock. CWA Asset Management Group LLC bought a new position in American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned 17.86% of American Rebel at the end of the most recent quarter. 13.60% of the stock is owned by hedge funds and other institutional investors.

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.