La Rosa Holdings Corp. (NASDAQ:LRHC – Get Free Report) was the recipient of a large growth in short interest in 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. Currently, 15.2% of the shares of the stock are short sold. Based on an average daily volume of 1,130,502 shares, the short-interest ratio is currently 0.2 days.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on LRHC. Weiss Ratings reiterated a “sell (e+)” rating on shares of La Rosa in a research report 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 investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
View Our Latest Report on La Rosa
La Rosa Price Performance
La Rosa (NASDAQ:LRHC – Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The company reported ($266.88) EPS for the quarter. The business had revenue of $7.56 million for the quarter.
Institutional Inflows and Outflows
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 – Free Report) during the third quarter, according to the company in 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 as of its most recent SEC filing. Hedge funds and other institutional investors own 7.63% of the company’s stock.
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.
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