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

La Rosa Holdings Corp. (NASDAQ:LRHC) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 12,391 shares, a decline of 85.3% from the August 31st total of 84,426 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average daily volume of 71,373 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

LRHC has been the subject of a number of research reports. Weiss Ratings cut La Rosa from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, August 24th. Wall Street Zen raised La Rosa from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, La Rosa has a consensus rating of “Sell”.

La Rosa Stock Down 1.9%

NASDAQ LRHC traded down $0.05 during trading hours on Friday, hitting $2.58. 13,244 shares of the company were exchanged, compared to its average volume of 117,834. The company has a 50 day moving average of $3.91 and a two-hundred day moving average of $12.78. The firm has a market cap of $1.42 million, a price-to-earnings ratio of -0.00 and a beta of 1.26. La Rosa has a 52-week low of $2.31 and a 52-week high of $4,589.46.

About La Rosa

La Rosa Holdings Corp. is a real estate services and franchising company that operates through the La Rosa Realty brand. The company focuses primarily on residential real estate brokerage, supporting agents and brokerage offices that assist clients with buying, selling, and leasing residential properties.

In addition to providing brokerage services through company-owned operations, La Rosa offers franchise opportunities to independent real estate professionals and business owners. Its support services are designed to help franchisees with brand development, training, marketing, technology, and other administrative aspects of operating a real estate brokerage.

La Rosa Realty was founded in 2004 and serves markets in the United States through its network of real estate professionals and franchise locations.