American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Down 57.2% in January

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 43,400 shares, a decrease of 57.2% from the January 15th total of 101,400 shares. Based on an average trading volume of 619,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.8% of the company’s stock are short sold.

American Rebel Stock Performance

AREB opened at $1.11 on Thursday. American Rebel has a 52-week low of $1.03 and a 52-week high of $9.27. The firm’s 50-day moving average price is $1.72 and its 200-day moving average price is $1.60.

American Rebel (NASDAQ:AREB) last issued its quarterly earnings results on Friday, February 7th. The company reported ($0.67) earnings per share for the quarter. American Rebel had a negative return on equity of 260.38% and a negative net margin of 118.01%.

Hedge Funds Weigh In On American Rebel

A hedge fund recently bought a new stake in American Rebel stock. Cross Staff Investments Inc purchased 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 SEC. The institutional investor purchased 556,556 shares of the company’s stock, valued at approximately $445,000. Cross Staff Investments Inc owned 9.36% of American Rebel at the end of the most recent quarter. Institutional investors and hedge funds 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.