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American Rebel Holdings, Inc. (NASDAQ:AREBW) Sees Large Decline in Short Interest

Defense World ·  Dec 17, 2022 04:21

American Rebel Holdings, Inc. (NASDAQ:AREBW – Get Rating) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 7,100 shares, a drop of 25.3% from the November 15th total of 9,500 shares. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in American Rebel stock. Warberg Asset Management LLC acquired a new stake in shares of American Rebel Holdings, Inc. (NASDAQ:AREBW – Get Rating) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 144,481 shares of the company's stock, valued at approximately $51,000.

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American Rebel Trading Down 50.8 %

Shares of American Rebel stock opened at $0.03 on Friday. The company's fifty day simple moving average is $0.06 and its 200-day simple moving average is $0.09. American Rebel has a 1-year low of $0.03 and a 1-year high of $0.79.

American Rebel Company Profile

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American Rebel Holdings, Inc provides safes and personal security products. The company offers home, office, and personal safes, as well as vault doors; concealed carry backpacks; and a range of concealed carry jackets, vests, coats, and T-shirts for men and women. It also provides supplemental accessories, including space savings items for its safes, such as hangers, lights kits, moisture guard, and rifle rod kits.

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