La Rosa Holdings Corp. (NASDAQ:LRHC) Short Interest Up 69.8% in July

La Rosa Holdings Corp. (NASDAQ:LRHC) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 35,431 shares, a growth of 69.8% from the July 15th total of 20,870 shares. Based on an average daily trading volume, of 81,142 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.2% of the company’s shares are short sold.

Analysts Set New Price Targets

Several equities research analysts recently commented on LRHC shares. Weiss Ratings upgraded shares of La Rosa from a “sell (e+)” rating to a “sell (d)” rating in a research report on Monday, August 3rd. Wall Street Zen upgraded shares of La Rosa from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

La Rosa Stock Up 1.2%

Shares of NASDAQ LRHC traded up $0.01 during trading on Monday, reaching $0.60. The company had a trading volume of 156,008 shares, compared to its average volume of 659,263. The stock has a market cap of $1.27 million, a P/E ratio of -0.00 and a beta of 1.33. The company’s fifty day moving average price is $1.00 and its 200-day moving average price is $5.22. La Rosa has a 12 month low of $0.55 and a 12 month high of $972.00.

La Rosa (NASDAQ:LRHC) last issued its quarterly earnings data on Friday, July 31st. The company reported ($72.03) earnings per share (EPS) for the quarter. The company had revenue of $13.58 million for the quarter. La Rosa had a negative return on equity of 3,087.05% and a net margin of 76.54%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in La Rosa stock. Citadel Advisors LLC acquired a new stake in La Rosa Holdings Corp. (NASDAQ:LRHC) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned about 1.25% of La Rosa as of its most recent filing with the SEC. Institutional investors and hedge funds own 7.63% of the company’s stock.

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.