Short Interest in American Rebel Holdings, Inc. (NASDAQ:AREB) Drops By 86.5%

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 19,300 shares, a decrease of 86.5% from the September 15th total of 143,000 shares. Approximately 1.9% of the company’s stock are short sold. Based on an average trading volume of 355,000 shares, the days-to-cover ratio is presently 0.1 days.

American Rebel Price Performance

Shares of American Rebel stock opened at $2.37 on Friday. American Rebel has a 52 week low of $1.90 and a 52 week high of $9.27. The company has a 50 day moving average price of $0.82 and a 200 day moving average price of $0.56.

American Rebel (NASDAQ:AREB) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.89) earnings per share (EPS) for the quarter. The company had revenue of $3.26 million during the quarter. American Rebel had a negative return on equity of 260.38% and a negative net margin of 118.01%.

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.