La Rosa Holdings Corp. (NASDAQ:LRHC) Short Interest Update

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 49,838 shares, a decrease of 32.7% from the December 15th total of 74,055 shares. Based on an average daily trading volume, of 119,479 shares, the short-interest ratio is presently 0.4 days. Approximately 4.0% of the company’s stock are short sold. Approximately 4.0% of the company’s stock are short sold. Based on an average daily trading volume, of 119,479 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

La Rosa Stock Down 3.4%

LRHC stock traded down $0.02 during midday trading on Friday, reaching $0.56. 458,155 shares of the company were exchanged, compared to its average volume of 4,633,269. The company has a market cap of $912,800.00, a price-to-earnings ratio of 0.00 and a beta of 2.58. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. La Rosa has a 1-year low of $0.53 and a 1-year high of $43.22. The stock’s 50-day simple moving average is $1.45 and its 200 day simple moving average is $4.81.

La Rosa (NASDAQ:LRHC) last issued its earnings results on Wednesday, November 19th. The company reported ($5.44) earnings per share (EPS) for the quarter. The firm had revenue of $20.22 million for the quarter.

Institutional Trading of La Rosa

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

About La Rosa

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.