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

American Rebel Holdings, Inc. (NASDAQ:AREB) was the recipient of a large decrease in short interest in the month of 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 shares are sold short. Based on an average trading volume of 355,000 shares, the days-to-cover ratio is currently 0.1 days.

American Rebel Stock Up 4.2 %

Shares of NASDAQ AREB traded up $0.10 during midday trading on Friday, reaching $2.47. The stock had a trading volume of 102,080 shares, compared to its average volume of 371,906. The company’s 50 day moving average price is $0.86 and its 200 day moving average price is $0.57. American Rebel has a twelve month low of $1.90 and a twelve month high of $9.27.

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

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.