Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Drops By 53.4%

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 67,084 shares, a decline of 53.4% from the July 30th total of 143,935 shares. Currently, 16.4% of the company’s stock are short sold. Based on an average daily trading volume, of 302,781 shares, the short-interest ratio is currently 0.2 days.

Maison Solutions Stock Performance

Shares of NASDAQ:MSS traded up $0.04 on Friday, hitting $1.60. The company had a trading volume of 393,928 shares, compared to its average volume of 5,690,834. Maison Solutions has a 1-year low of $1.24 and a 1-year high of $198.00. The stock has a market cap of $976,000.00, a price-to-earnings ratio of -0.06 and a beta of 4.16. The stock has a 50 day moving average price of $2.29 and a 200 day moving average price of $5.96. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96.

Insider Transactions at Maison Solutions

In other Maison Solutions news, major shareholder Financial Lp Hrt sold 32,556 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total transaction of $59,903.04. Following the sale, the insider directly owned 64,892 shares of the company’s stock, valued at approximately $119,401.28. This represents a 33.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 32.73% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new stake in Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions as of its most recent SEC filing. 2.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MSS shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a report on Friday, July 17th. Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Finally, Wall Street Zen raised Maison Solutions from a “strong sell” rating to a “sell” rating in a research report on Saturday. 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 company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $162.50.

Maison Solutions Company Profile

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.