La Rosa Holdings Corp. (NASDAQ:LRHC) Short Interest Up 143.5% in February

La Rosa Holdings Corp. (NASDAQ:LRHC) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 80,096 shares, a growth of 143.5% from the February 12th total of 32,887 shares. Currently, 64.6% of the shares of the stock are sold short. Based on an average daily volume of 6,072,615 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 6,072,615 shares, the days-to-cover ratio is currently 0.0 days. Currently, 64.6% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LRHC. Wall Street Zen cut shares of La Rosa to a “strong sell” rating in a research note on Saturday, February 7th. Weiss Ratings reiterated 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, According to data from MarketBeat.com, La Rosa has an average rating of “Sell”.

Institutional Investors Weigh In On La Rosa

A hedge fund recently bought a new stake in La Rosa stock. Marex Group plc bought a new position in La Rosa Holdings Corp. (NASDAQ:LRHC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 358,600 shares of the company’s stock, valued at approximately $47,000. Marex Group plc owned about 49.12% of La Rosa at the end of the most recent quarter. Hedge funds and other institutional investors own 7.63% of the company’s stock.

La Rosa Price Performance

Shares of LRHC stock opened at $0.90 on Thursday. La Rosa has a 52 week low of $0.82 and a 52 week high of $186.56. The stock has a market capitalization of $146,194.70, a PE ratio of 0.00 and a beta of 3.09. The company has a debt-to-equity ratio of 1.63, a quick ratio of 2.40 and a current ratio of 2.40. The stock’s fifty day moving average is $3.19 and its 200-day moving average is $30.67.

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.