Maison Solutions Inc. (NASDAQ:MSS) Sees Significant Drop in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 86,073 shares, a decrease of 42.5% from the June 30th total of 149,598 shares. Based on an average trading volume of 4,810,923 shares, the short-interest ratio is currently 0.0 days. Currently, 21.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Zacks Research raised shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Ascendiant Capital Markets dropped their price objective on shares of Maison Solutions from $225.00 to $162.50 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Maison Solutions has an average rating of “Hold” and a consensus target price of $162.50.

Maison Solutions Stock Performance

Shares of Maison Solutions stock traded up $0.10 on Wednesday, hitting $1.70. The stock had a trading volume of 26,073,775 shares, compared to its average volume of 432,201. Maison Solutions has a twelve month low of $1.56 and a twelve month high of $198.00. The business’s 50 day moving average is $3.82 and its two-hundred day moving average is $7.96. The company has a quick ratio of 0.37, a current ratio of 0.67 and a debt-to-equity ratio of 0.96. The stock has a market cap of $1.03 million, a price-to-earnings ratio of -0.06 and a beta of 3.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Maison Solutions stock. XTX Topco Ltd acquired a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions at the end of the most recent reporting period. 2.37% of the stock is owned by institutional investors and hedge funds.

About Maison Solutions

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.