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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 186,542 shares, a growth of 374.5% from the May 31st total of 39,317 shares. Approximately 15.2% of the shares of the company are short sold. Based on an average daily volume of 1,130,502 shares, the days-to-cover ratio is currently 0.2 days.

La Rosa Price Performance

LRHC traded up $0.02 during midday trading on Friday, hitting $1.07. The stock had a trading volume of 113,127 shares, compared to its average volume of 849,521. La Rosa has a 1 year low of $0.93 and a 1 year high of $1,865.60. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.93 and a current ratio of 1.93. The business has a fifty day moving average of $1.52 and a 200 day moving average of $24.44. The company has a market cap of $1.73 million, a P/E ratio of -0.00 and a beta of 1.42.

La Rosa (NASDAQ:LRHC) last released its earnings results on Thursday, June 4th. The company reported ($266.88) earnings per share for the quarter. The firm had revenue of $7.56 million during the quarter.

Institutional Trading of La Rosa

A hedge fund recently bought a new position in La Rosa stock. Citadel Advisors LLC purchased a new stake in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned approximately 1.25% of La Rosa at the end of the most recent reporting period. 7.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on LRHC shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a research note on Tuesday, April 21st. Wall Street Zen upgraded La Rosa from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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.