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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 230,797 shares, a decline of 40.4% from the February 26th total of 387,188 shares. Based on an average daily volume of 2,510,296 shares, the short-interest ratio is currently 0.1 days. Currently, 10.1% of the shares of the company are sold short.

American Rebel Stock Performance

Shares of NASDAQ:AREB opened at $6.46 on Friday. The stock’s 50-day simple moving average is $176.51 and its two-hundred day simple moving average is $6,348.93. The stock has a market capitalization of $646,000.00, a price-to-earnings ratio of 0.00 and a beta of 1.39. American Rebel has a 52-week low of $0.06 and a 52-week high of $8,356.00.

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 stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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, American Rebel presently has an average 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.