Short Interest in American Rebel Holdings, Inc. (NASDAQ:AREB) Grows By 495.9%

American Rebel Holdings, Inc. (NASDAQ:AREB) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 243,468 shares, an increase of 495.9% from the April 15th total of 40,856 shares. Approximately 477.4% of the company’s shares are sold short. Based on an average daily volume of 5,137,330 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Wall Street Zen upgraded American Rebel to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

American Rebel Stock Performance

Shares of AREB stock traded down $0.03 during trading hours on Tuesday, reaching $0.13. The company had a trading volume of 4,476,355 shares, compared to its average volume of 2,782,527. The company has a market capitalization of $28,980.00, a P/E ratio of 0.00 and a beta of 6.04. American Rebel has a twelve month low of $0.12 and a twelve month high of $122,000.00. The stock’s fifty day simple moving average is $7.60 and its 200 day simple moving average is $1,038.30.

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. 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.