Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Decreases By 17.5%

Maison Solutions Inc. (NASDAQ:MSS) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 249,440 shares, a drop of 17.5% from the February 12th total of 302,323 shares. Currently, 3.6% of the company’s shares are sold short. Based on an average trading volume of 705,161 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 705,161 shares, the days-to-cover ratio is presently 0.4 days. Currently, 3.6% of the company’s shares are sold short.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd acquired a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 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. Institutional investors and hedge funds own 2.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MSS. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a report on Thursday, January 22nd. Ascendiant Capital Markets upped their target price on shares of Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Maison Solutions has a consensus rating of “Hold” and a consensus price target of $4.50.

Maison Solutions Price Performance

MSS stock opened at $0.16 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $3.13 million, a P/E ratio of -0.62 and a beta of 5.24. The business has a 50 day simple moving average of $0.27 and a 200-day simple moving average of $0.53. Maison Solutions has a twelve month low of $0.15 and a twelve month high of $3.96.

Maison Solutions (NASDAQ:MSS) last posted its quarterly earnings data on Tuesday, March 17th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.18). The company had revenue of $29.54 million for the quarter, compared to analysts’ expectations of $33.10 million. Maison Solutions had a negative net margin of 4.89% and a negative return on equity of 46.54%.

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.