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

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

Wall Street Analysts Forecast Growth

MSS has been the topic of a number of analyst reports. Zacks Research raised Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Ascendiant Capital Markets reduced their price target on Maison Solutions from $225.00 to $162.50 and set a “buy” rating for the company in a 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 research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.50.

Maison Solutions Price Performance

MSS traded down $0.17 on Thursday, hitting $1.47. 711,500 shares of the company were exchanged, compared to its average volume of 448,722. The business’s fifty day moving average is $3.75 and its 200 day moving average is $7.85. Maison Solutions has a fifty-two week low of $1.42 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67. The firm has a market capitalization of $896,700.00, a P/E 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 purchased a new position in Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned about 0.16% of Maison Solutions at the end of the most recent quarter. Institutional investors own 2.37% of the company’s stock.

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.