Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 38.5% in May

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 43,891 shares, a decline of 38.5% from the April 30th total of 71,361 shares. Based on an average daily volume of 379,114 shares, the short-interest ratio is currently 0.1 days. Approximately 4.1% of the company’s stock are short sold.

Maison Solutions Price Performance

NASDAQ MSS opened at $1.13 on Wednesday. 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 capitalization of $3.45 million, a PE ratio of -0.21 and a beta of 3.86. The company has a 50 day moving average price of $1.26 and a two-hundred day moving average price of $2.62. Maison Solutions has a 12-month low of $0.90 and a 12-month high of $39.60.

Institutional Trading of Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd bought a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 SEC filing. 2.37% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Ascendiant Capital Markets lowered 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. Zacks Research downgraded shares of Maison Solutions from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $32.50.

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.