American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Update

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 511,645 shares, an increase of 105.4% from the December 31st total of 249,087 shares. Approximately 36.0% of the company’s stock are sold short. Based on an average daily trading volume, of 679,197 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 679,197 shares, the short-interest ratio is currently 0.8 days. Approximately 36.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

American Rebel Stock Down 5.2%

Shares of AREB stock opened at $0.28 on Friday. The company has a 50 day moving average price of $0.80 and a 200-day moving average price of $9.88. American Rebel has a 52 week low of $0.23 and a 52 week high of $745.00. The firm has a market capitalization of $2.41 million, a PE ratio of 0.00 and a beta of 1.24.

Shares of American Rebel are going to reverse split before the market opens on Monday, February 2nd. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, February 1st.

American Rebel (NASDAQ:AREB) last issued its earnings results on Monday, November 10th. The company reported ($32.44) earnings per share (EPS) for the quarter. The company had revenue of $1.88 million for the quarter.

Institutional Trading of American Rebel

An institutional investor recently bought a new position in American Rebel stock. CWA Asset Management Group LLC acquired a new position in American Rebel Holdings, Inc. (NASDAQ:AREB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 100,000 shares of the company’s stock, valued at approximately $95,000. CWA Asset Management Group LLC owned 17.86% of American Rebel as of its most recent SEC filing. 13.60% of the stock is owned by hedge funds and other institutional investors.

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. It also offers accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, mag minders, moisture guards, and rifle rod kits and rods. In addition, the company's personal security and self-defense products include concealed carry backpacks; and concealed carry jackets, vests, and coats, as well as T-shirts for men and women under the American Rebel brand.