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

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 249,087 shares, a growth of 28.7% from the December 15th total of 193,593 shares. Approximately 22.4% of the company’s stock are short sold. Based on an average daily trading volume, of 306,920 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 306,920 shares, the short-interest ratio is currently 0.8 days. Approximately 22.4% of the company’s stock are short sold.

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 position in American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 reporting period. 13.60% of the stock is currently owned by hedge funds and other institutional investors.

American Rebel Price Performance

American Rebel stock opened at $0.50 on Friday. American Rebel has a one year low of $0.44 and a one year high of $1,079.95. The company’s fifty day moving average price is $0.93 and its two-hundred day moving average price is $11.36. The company has a market capitalization of $3.14 million, a price-to-earnings ratio of 0.00 and a beta of 1.24.

American Rebel (NASDAQ:AREB) last announced its quarterly earnings results on Monday, November 10th. The company reported ($32.44) earnings per share for the quarter. The business had revenue of $1.88 million during the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of American Rebel in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Rebel presently 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.