La Rosa Holdings Corp. (NASDAQ:LRHC) Short Interest Up 143.5% in February

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 80,096 shares, a growth of 143.5% from the February 12th total of 32,887 shares. Currently, 64.6% of the company’s stock are sold short. Based on an average trading volume of 6,072,615 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 6,072,615 shares, the short-interest ratio is presently 0.0 days. Currently, 64.6% of the company’s stock are sold short.

La Rosa Stock Down 16.4%

LRHC traded down $0.15 on Friday, hitting $0.74. 536,459 shares of the company were exchanged, compared to its average volume of 6,276,069. The stock’s fifty day moving average is $2.96 and its 200-day moving average is $30.03. La Rosa has a 12 month low of $0.72 and a 12 month high of $186.56. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. The company has a market cap of $119,104.00, a PE ratio of 0.00 and a beta of 3.09.

Institutional Investors Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Marex Group plc purchased a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned about 49.12% of La Rosa as of its most recent SEC filing. Institutional investors and hedge funds own 7.63% of the company’s stock.

Wall Street Analyst Weigh In

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

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.