Short Interest in La Rosa Holdings Corp. (NASDAQ:LRHC) Drops By 25.9%

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 69,175 shares, a decrease of 25.9% from the January 15th total of 93,373 shares. Approximately 55.8% of the shares of the stock are sold short. Based on an average daily volume of 3,352,552 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 3,352,552 shares, the short-interest ratio is presently 0.0 days. Approximately 55.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Citadel Advisors LLC bought a new stake in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned 1.25% of La Rosa as of its most recent SEC filing. Hedge funds and other institutional investors own 7.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on LRHC shares. Weiss Ratings restated a “sell (e+)” rating on shares of La Rosa in a report on Thursday, January 22nd. Wall Street Zen downgraded shares of La Rosa to a “strong sell” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

La Rosa Trading Down 2.3%

Shares of NASDAQ LRHC traded down $0.03 during mid-day trading on Monday, hitting $1.27. 272,512 shares of the company traded hands, compared to its average volume of 2,043,007. The business has a 50 day moving average of $6.15 and a two-hundred day moving average of $37.07. The stock has a market capitalization of $203,200.00, a price-to-earnings ratio of 0.00 and a beta of 2.69. La Rosa has a 1 year low of $1.15 and a 1 year high of $212.00. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.63.

La Rosa (NASDAQ:LRHC) last posted its quarterly earnings data on Wednesday, November 19th. The company reported ($54.40) EPS for the quarter. The business had revenue of $20.22 million for the quarter.

La Rosa Company Profile

La Rosa Holdings, Inc (NASDAQ: LRHC) is a holding company that owns, operates and franchises LaRosa’s Pizzeria, a regional restaurant chain based in Cincinnati, Ohio. The company’s core business revolves around fast‐casual dining, with a focus on pizza and Italian‐inspired menu items served through dine-in, carry-out and delivery channels.

Founded in 1954 by Vincenzo “Buddy” LaRosa, LaRosa’s Pizzeria has grown from a single storefront into a network of over 30 locations across Ohio, Kentucky and Indiana.