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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 20,745 shares, a drop of 41.4% from the July 30th total of 35,431 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 3,213,264 shares, the days-to-cover ratio is currently 0.0 days.

La Rosa Price Performance

NASDAQ LRHC traded down $0.01 on Monday, hitting $0.46. The stock had a trading volume of 107,945 shares, compared to its average volume of 651,366. The business’s fifty day moving average price is $0.90 and its 200 day moving average price is $3.62. The stock has a market cap of $1.52 million, a price-to-earnings ratio of -0.00 and a beta of 1.33. La Rosa has a 52-week low of $0.45 and a 52-week high of $972.00.

La Rosa (NASDAQ:LRHC) last issued its quarterly earnings data on Friday, August 21st. The company reported ($1.66) EPS for the quarter. The business had revenue of $15.05 million for the quarter. La Rosa had a negative net margin of 46.38% and a negative return on equity of 3,087.05%.

Institutional Investors Weigh In On La Rosa

An institutional investor recently bought a new position in La Rosa stock. Marex Group plc purchased a new position in La Rosa Holdings Corp. (NASDAQ:LRHC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 owned by institutional investors.

Analyst Ratings Changes

LRHC has been the subject of several recent research reports. Wall Street Zen raised La Rosa from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings downgraded La Rosa from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company 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.