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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 186,542 shares, a growth of 374.5% from the May 31st total of 39,317 shares. Based on an average daily volume of 1,130,502 shares, the short-interest ratio is currently 0.2 days. Currently, 15.2% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wall Street Zen upgraded La Rosa from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of La Rosa in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Marex Group plc bought a new stake in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 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 filing with the Securities and Exchange Commission. 7.63% of the stock is owned by hedge funds and other institutional investors.

La Rosa Price Performance

Shares of LRHC stock traded up $0.02 during mid-day trading on Friday, hitting $1.07. The company had a trading volume of 113,127 shares, compared to its average volume of 849,521. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.93 and a quick ratio of 1.93. The stock’s 50 day moving average price is $1.52 and its 200-day moving average price is $24.44. La Rosa has a 52-week low of $0.93 and a 52-week high of $1,865.60. The company has a market capitalization of $1.73 million, a P/E ratio of -0.00 and a beta of 1.42.

La Rosa (NASDAQ:LRHC) last released its quarterly earnings data on Thursday, June 4th. The company reported ($266.88) EPS for the quarter. The business had revenue of $7.56 million for the quarter.

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.