Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Expands By 67.2%

Maison Solutions Inc. (NASDAQ:MSS) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 143,935 shares, an increase of 67.2% from the July 15th total of 86,073 shares. Currently, 35.1% of the company’s stock are short sold. Based on an average trading volume of 3,990,509 shares, the days-to-cover ratio is currently 0.0 days.

Maison Solutions Stock Up 7.5%

MSS opened at $1.57 on Wednesday. The stock has a market cap of $957,700.00, a price-to-earnings ratio of -0.06 and a beta of 4.16. 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’s fifty day moving average is $2.74 and its 200 day moving average is $6.55. Maison Solutions has a fifty-two week low of $1.24 and a fifty-two week high of $198.00.

Insider Buying and Selling at Maison Solutions

In other news, major shareholder Financial Lp Hrt purchased 22,559 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average cost of $1.42 per share, for a total transaction of $32,033.78. Following the completion of the transaction, the insider directly owned 123,689 shares of the company’s stock, valued at $175,638.38. This trade represents a 22.31% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 32.73% of the company’s stock.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd bought a new position in Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to its most recent 13F filing with the 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 currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. Finally, Wall Street Zen downgraded Maison Solutions to a “strong sell” rating in a research note on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus 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.