American Rebel Holdings, Inc. (NASDAQ:AREB) Short Interest Down 71.4% in November

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 52,000 shares, a drop of 71.4% from the October 31st total of 182,100 shares. Currently, 4.9% of the shares of the company are sold short. Based on an average trading volume of 715,900 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Rebel stock. Signature Estate & Investment Advisors LLC purchased a new stake in American Rebel Holdings, Inc. (NASDAQ:AREB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 218,340 shares of the company’s stock, valued at approximately $175,000. Signature Estate & Investment Advisors LLC owned approximately 23.48% of American Rebel as of its most recent SEC filing. 13.60% of the stock is owned by institutional investors and hedge funds.

American Rebel Price Performance

Shares of NASDAQ AREB traded down $0.10 during midday trading on Wednesday, reaching $2.06. 48,203 shares of the stock were exchanged, compared to its average volume of 490,611. The firm has a 50-day simple moving average of $2.24 and a two-hundred day simple moving average of $1.11. American Rebel has a twelve month low of $1.90 and a twelve month 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.