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

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 39,648 shares, a drop of 63.8% from the January 15th total of 109,517 shares. Based on an average trading volume of 200,611 shares, the short-interest ratio is currently 0.2 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 200,611 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Maison Solutions

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

Maison Solutions Stock Up 15.8%

Shares of NASDAQ:MSS traded up $0.04 during midday trading on Thursday, reaching $0.31. The company had a trading volume of 761,442 shares, compared to its average volume of 359,738. Maison Solutions has a 1-year low of $0.24 and a 1-year high of $3.96. The stock has a market cap of $6.09 million, a PE ratio of -1.19 and a beta of 5.42. The company has a quick ratio of 0.44, a current ratio of 0.77 and a debt-to-equity ratio of 0.67. The business’s 50 day moving average price is $0.34 and its 200 day moving average price is $0.63.

Maison Solutions (NASDAQ:MSS) last posted its quarterly earnings results on Monday, December 22nd. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $27.62 million during the quarter, compared to the consensus estimate of $29.50 million. Maison Solutions had a negative net margin of 4.89% and a negative return on equity of 46.54%.

Wall Street Analysts Forecast Growth

MSS has been the subject of a number of research reports. Ascendiant Capital Markets increased their target price on Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a report on Tuesday, December 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Thursday, January 22nd. One research 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.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.50.

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.