Maison Solutions Inc. (NASDAQ:MSS) Sees Significant Increase in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 302,323 shares, a growth of 662.5% from the January 29th total of 39,648 shares. Approximately 4.4% of the company’s shares are sold short. Based on an average daily volume of 310,030 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 310,030 shares, the short-interest ratio is currently 1.0 days. Approximately 4.4% 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 position in shares of Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 2.37% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Maison Solutions Trading Down 4.6%

NASDAQ MSS traded down $0.01 during trading hours on Wednesday, hitting $0.26. 1,031,549 shares of the company’s stock were exchanged, compared to its average volume of 561,731. The firm has a market cap of $5.11 million, a price-to-earnings ratio of -1.00 and a beta of 5.42. The stock has a 50-day simple moving average of $0.31 and a 200 day simple moving average of $0.59. The company has a current ratio of 0.77, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67. Maison Solutions has a 1-year low of $0.24 and a 1-year high of $3.96.

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

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.