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

La Rosa Holdings Corp. (NASDAQ:LRHC) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 29,522 shares, a decline of 88.5% from the April 15th total of 257,762 shares. Based on an average daily volume of 520,205 shares, the short-interest ratio is presently 0.1 days. Approximately 246.0% of the company’s shares are sold short.

La Rosa Stock Down 2.2%

LRHC traded down $0.03 during trading on Tuesday, hitting $1.33. 68,297 shares of the company’s stock traded hands, compared to its average volume of 515,241. The company’s 50 day simple moving average is $5.47 and its two-hundred day simple moving average is $105.56. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.63. La Rosa has a 12-month low of $1.25 and a 12-month high of $1,865.60. The stock has a market capitalization of $26,600.00, a price-to-earnings ratio of 0.00 and a beta of 1.55.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wall Street Zen downgraded La Rosa to a “strong sell” rating in a report on Saturday, February 7th. Weiss Ratings restated a “sell (e+)” rating on shares of La Rosa in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, La Rosa currently has an average rating of “Sell”.

Institutional Trading of La Rosa

An institutional investor recently bought a new position in La Rosa stock. Citadel Advisors LLC bought a new stake in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 15,338 shares of the company’s stock, valued at approximately $108,000. Citadel Advisors LLC owned about 1.25% of La Rosa at the end of the most recent quarter. Institutional investors 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.