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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 93,373 shares, an increase of 87.4% from the December 31st total of 49,838 shares. Approximately 75.3% of the company’s stock are sold short. Based on an average daily trading volume, of 8,943,622 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 8,943,622 shares, the days-to-cover ratio is currently 0.0 days. Approximately 75.3% of the company’s stock are sold short.

La Rosa Trading Down 3.3%

Shares of LRHC traded down $0.10 during midday trading on Friday, hitting $2.89. 29,955,981 shares of the stock were exchanged, compared to its average volume of 714,259. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. La Rosa has a 52-week low of $2.63 and a 52-week high of $343.92. The firm has a market cap of $462,400.00, a P/E ratio of 0.00 and a beta of 2.58. The stock has a fifty day simple moving average of $9.43 and a 200 day simple moving average of $42.40.

La Rosa (NASDAQ:LRHC) last posted its quarterly earnings results on Wednesday, November 19th. The company reported ($54.40) earnings per share for the quarter. The business had revenue of $20.22 million during the quarter.

Institutional Trading of 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) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 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 SEC filing. Institutional investors own 7.63% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of La Rosa in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, La Rosa presently has a consensus 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.