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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 43,100 shares, a drop of 15.3% from the April 30th total of 50,900 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 569,500 shares, the days-to-cover ratio is currently 0.1 days.

American Rebel Price Performance

AREB stock remained flat at $0.34 during trading on Friday. The company had a trading volume of 141,851 shares, compared to its average volume of 269,627. The company has a fifty day simple moving average of $0.34 and a 200-day simple moving average of $0.31. American Rebel has a 1 year low of $0.21 and a 1 year high of $6.49.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Rebel stock. Armistice Capital LLC boosted its position in American Rebel Holdings, Inc. (NASDAQ:AREB) by 144.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 436,000 shares of the company’s stock after buying an additional 258,000 shares during the period. Armistice Capital LLC owned approximately 8.69% of American Rebel worth $135,000 as of its most recent SEC filing. Institutional investors own 13.60% of the company’s stock.

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.