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

La Rosa Holdings Corp. (NASDAQ:LRHC) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 36,500 shares, a decrease of 35.3% from the August 15th total of 56,400 shares. Currently, 7.6% of the company’s stock are sold short. Based on an average trading volume of 289,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 289,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 7.6% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Wall Street Zen raised La Rosa from a “strong sell” rating to a “hold” rating in a research note on Friday, August 22nd.

Institutional Investors Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Marex Group plc acquired a new position in La Rosa Holdings Corp. (NASDAQ:LRHC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned about 49.12% of La Rosa at the end of the most recent quarter. Hedge funds and other institutional investors own 7.63% of the company’s stock.

La Rosa Stock Up 1.7%

LRHC stock opened at $8.92 on Monday. The stock has a market capitalization of $10.88 million, a price-to-earnings ratio of -0.02 and a beta of 1.65. The company has a 50-day moving average of $6.52 and a two-hundred day moving average of $10.54. La Rosa has a 52-week low of $4.33 and a 52-week high of $142.40. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.44 and a quick ratio of 2.44.

La Rosa (NASDAQ:LRHC) last posted its quarterly earnings data on Monday, August 18th. The company reported ($0.77) earnings per share for the quarter. La Rosa had a negative return on equity of 155.71% and a negative net margin of 31.93%.The business had revenue of $23.21 million for the quarter.

About La Rosa

La Rosa Holdings Corp., through its subsidiaries, operates primarily in the residential real estate market in the United States. The company operates through five segments: Real Estate Brokerage Services (Residential), Franchising Services, Coaching Services, Property Management, and Real Estate Brokerage Services (Commercial).