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 July. As of July 15th, there was short interest totaling 20,870 shares, a decrease of 75.1% from the June 30th total of 83,721 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily trading volume, of 147,958 shares, the days-to-cover ratio is presently 0.1 days.

La Rosa Price Performance

LRHC opened at $1.05 on Tuesday. La Rosa has a 1 year low of $0.87 and a 1 year high of $972.00. The business’s 50-day moving average is $1.13 and its two-hundred day moving average is $11.03. The firm has a market capitalization of $1.70 million, a PE ratio of -0.00 and a beta of 1.35.

La Rosa (NASDAQ:LRHC) last issued its quarterly earnings results on Thursday, June 4th. The company reported $544.00 earnings per share (EPS) for the quarter. The business had revenue of $7.56 million for the quarter.

Hedge Funds Weigh In On La Rosa

An institutional investor recently bought a new position in La Rosa stock. Marex Group plc bought a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) in the second quarter, according to the company in its most recent Form 13F 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 SEC filing. Institutional investors and hedge funds own 7.63% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wall Street Zen raised La Rosa from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, La Rosa has an average rating of “Sell”.

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.