Short Interest in American Rebel Holdings, Inc. (NASDAQ:AREB) Declines By 33.7%

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 34,500 shares, a drop of 33.7% from the November 15th total of 52,000 shares. Based on an average daily volume of 718,600 shares, the days-to-cover ratio is presently 0.0 days. Currently, 3.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Rebel stock. Signature Estate & Investment Advisors LLC bought a new stake in American Rebel Holdings, Inc. (NASDAQ:AREB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned 23.48% of American Rebel as of its most recent SEC filing. 13.60% of the stock is currently owned by institutional investors.

American Rebel Stock Performance

AREB opened at $1.69 on Friday. The business has a 50 day moving average of $2.43 and a 200-day moving average of $1.23. American Rebel has a 52 week low of $1.60 and a 52 week 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.