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

La Rosa Holdings Corp. (NASDAQ:LRHC) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 83,721 shares, a decline of 55.1% from the June 15th total of 186,542 shares. Based on an average daily volume of 349,034 shares, the short-interest ratio is currently 0.2 days. Approximately 6.8% of the company’s shares are short sold.

Analyst Ratings Changes

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

La Rosa Stock Performance

NASDAQ:LRHC traded up $0.07 during mid-day trading on Wednesday, hitting $1.12. The company had a trading volume of 113,088 shares, compared to its average volume of 512,943. La Rosa has a fifty-two week low of $0.93 and a fifty-two week high of $972.00. The firm has a market cap of $1.81 million, a P/E ratio of -0.00 and a beta of 1.35. The business’s fifty day moving average is $1.21 and its two-hundred day moving average is $15.28.

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

Institutional Trading of La Rosa

An institutional investor recently bought a new stake in La Rosa stock. Citadel Advisors LLC bought a new position in shares of La Rosa Holdings Corp. (NASDAQ:LRHC) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 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 quarter. 7.63% of the stock is currently owned by hedge funds and other institutional investors.

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.