Maison Solutions Inc. (NASDAQ:MSS) Short Interest Update

Maison Solutions Inc. (NASDAQ:MSS) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 345,560 shares, an increase of 67.4% from the March 31st total of 206,465 shares. Based on an average trading volume of 842,119 shares, the short-interest ratio is presently 0.4 days. Currently, 3.2% of the shares of the company are short sold.

Wall Street Analyst Weigh In

MSS has been the topic of a number of recent analyst reports. Zacks Research cut shares of Maison Solutions from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research report on Tuesday, April 21st. Finally, Ascendiant Capital Markets reduced their price objective on shares of Maison Solutions from $45.00 to $32.50 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Maison Solutions currently has an average rating of “Reduce” and an average target price of $32.50.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new position in Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned about 0.16% of Maison Solutions as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 2.37% of the company’s stock.

Maison Solutions Trading Down 0.8%

Maison Solutions stock opened at $1.27 on Wednesday. The stock has a market cap of $3.87 million, a P/E ratio of -0.24 and a beta of 5.42. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37. Maison Solutions has a 1 year low of $1.09 and a 1 year high of $39.60. The firm’s 50 day moving average price is $1.82 and its 200-day moving average price is $3.52.

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.