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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 80,096 shares, an increase of 143.5% from the February 12th total of 32,887 shares. Based on an average daily volume of 6,072,615 shares, the days-to-cover ratio is currently 0.0 days. Currently, 64.6% of the shares of the company are short sold. Currently, 64.6% of the shares of the company are short sold. Based on an average daily volume of 6,072,615 shares, the days-to-cover ratio is currently 0.0 days.

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 its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned approximately 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.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on LRHC. Weiss Ratings reissued a “sell (e+)” rating on shares of La Rosa in a research report on Thursday, January 22nd. Wall Street Zen cut shares of La Rosa to a “strong sell” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, La Rosa has a consensus rating of “Sell”.

La Rosa Stock Down 16.4%

Shares of NASDAQ:LRHC opened at $0.74 on Friday. La Rosa has a fifty-two week low of $0.72 and a fifty-two week high of $186.56. 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 firm’s 50-day simple moving average is $2.96 and its 200-day simple moving average is $30.03. The company has a market cap of $119,104.00, a price-to-earnings ratio of 0.00 and a beta of 3.09.

La Rosa Company Profile

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.