La Rosa Holdings Corp. (NASDAQ:LRHC) Sees Large Drop in Short Interest

La Rosa Holdings Corp. (NASDAQ:LRHC) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 245,700 shares, a drop of 36.6% from the March 15th total of 387,600 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is currently 0.2 days.

La Rosa Trading Down 10.1 %

LRHC traded down $0.02 during trading on Thursday, hitting $0.13. The company’s stock had a trading volume of 9,825,789 shares, compared to its average volume of 2,801,156. The firm has a market capitalization of $4.35 million, a P/E ratio of -0.08 and a beta of 1.80. La Rosa has a twelve month low of $0.13 and a twelve month high of $3.36. The stock’s fifty day moving average price is $0.21 and its 200-day moving average price is $0.50. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.06.

La Rosa (NASDAQ:LRHC) last issued its earnings results on Tuesday, April 15th. The company reported ($0.09) earnings per share (EPS) for the quarter. La Rosa had a negative return on equity of 153.74% and a negative net margin of 24.46%. The company had revenue of $17.72 million for the quarter.

About La Rosa

La Rosa Holdings Corp., through its subsidiaries, operates primarily in the residential real estate market in the United States. The company operates through five segments: Real Estate Brokerage Services (Residential), Franchising Services, Coaching Services, Property Management, and Real Estate Brokerage Services (Commercial).