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

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

Wall Street Analyst Weigh In

A number of brokerages have commented on AREB. Wall Street Zen upgraded shares of American Rebel to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of American Rebel in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

American Rebel Stock Performance

Shares of NASDAQ:AREB opened at $0.06 on Thursday. The company’s 50-day moving average is $6.98 and its 200 day moving average is $954.92. The company has a market capitalization of $14,260.00, a P/E ratio of 0.00 and a beta of 6.04. American Rebel has a fifty-two week low of $0.03 and a fifty-two week high of $122,000.00.

American Rebel (NASDAQ:AREB) last issued its quarterly earnings results on Wednesday, May 13th. The company reported ($71.28) earnings per share for the quarter.

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.