Short Interest in American Rebel Holdings, Inc. (NASDAQ:AREB) Decreases By 71.4%

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 52,000 shares, a drop of 71.4% from the October 31st total of 182,100 shares. Based on an average daily volume of 715,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 4.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Rebel stock. Signature Estate & Investment Advisors LLC purchased a new stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned about 23.48% of American Rebel at the end of the most recent quarter. Institutional investors own 13.60% of the company’s stock.

American Rebel Trading Down 0.5 %

AREB traded down $0.01 during trading hours on Friday, hitting $2.05. The stock had a trading volume of 19,617 shares, compared to its average volume of 488,575. The company’s fifty day simple moving average is $2.31 and its 200 day simple moving average is $1.12. American Rebel has a 1 year low of $1.90 and a 1 year high of $9.27.

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.