Short Interest in La Rosa Holdings Corp. (NASDAQ:LRHC) Drops By 52.5%

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 32,887 shares, a decrease of 52.5% from the January 29th total of 69,175 shares. Approximately 26.5% of the company’s stock are sold short. Based on an average trading volume of 558,511 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 558,511 shares, the days-to-cover ratio is presently 0.1 days. Approximately 26.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

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 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 reporting period. 7.63% of the stock is owned by institutional investors.

La Rosa Price Performance

Shares of LRHC remained flat at $1.06 during trading on Friday. The company’s stock had a trading volume of 1,316,695 shares, compared to its average volume of 3,156,370. The business’s fifty day moving average price is $4.13 and its two-hundred day moving average price is $33.53. La Rosa has a one year low of $0.98 and a one year high of $186.56. The company has a market cap of $169,600.00, a P/E ratio of 0.00 and a beta of 3.11. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on LRHC shares. Wall Street Zen lowered shares of La Rosa to a “strong sell” rating in a research note on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of La Rosa in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently 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.