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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 29,522 shares, a decrease of 88.5% from the April 15th total of 257,762 shares. Currently, 246.0% of the shares of the company are short sold. Based on an average daily trading volume, of 520,205 shares, the days-to-cover ratio is presently 0.1 days.

La Rosa Price Performance

LRHC stock traded down $0.03 during trading on Tuesday, reaching $1.33. The company’s stock had a trading volume of 68,297 shares, compared to its average volume of 515,241. La Rosa has a 1 year low of $1.25 and a 1 year high of $1,865.60. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $26,600.00, a P/E ratio of 0.00 and a beta of 1.55. The company’s fifty day moving average is $5.47 and its 200-day moving average is $105.56.

Analyst Ratings Changes

LRHC has been the topic of several research analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a report on Tuesday, April 21st. Wall Street Zen cut La Rosa to a “strong sell” rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, La Rosa currently 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 acquired a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 reporting period. Institutional investors own 7.63% of the company’s stock.

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.