American Rebel Holdings, Inc. (NASDAQ:AREB) Sees Large Increase in Short Interest

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 38,300 shares, a growth of 11.0% from the November 30th total of 34,500 shares. Approximately 3.6% of the company’s shares are short sold. Based on an average daily trading volume, of 755,400 shares, the days-to-cover ratio is presently 0.1 days.

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 stake in American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 reporting period. Institutional investors and hedge funds own 13.60% of the company’s stock.

American Rebel Stock Down 0.5 %

Shares of AREB stock opened at $1.82 on Tuesday. The stock has a 50-day moving average of $2.24 and a 200-day moving average of $1.35. American Rebel has a one year low of $1.51 and a one year high of $9.27.

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.