Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Rises By 51.7%

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 182,623 shares, a growth of 51.7% from the November 30th total of 120,406 shares. Based on an average trading volume of 174,243 shares, the short-interest ratio is currently 1.0 days. Approximately 2.6% of the shares of the stock are short sold. Approximately 2.6% of the shares of the stock are short sold. Based on an average trading volume of 174,243 shares, the short-interest ratio is currently 1.0 days.

Analyst Ratings Changes

A number of brokerages have issued reports on MSS. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research report on Wednesday, October 8th. Ascendiant Capital Markets increased their target price on Maison Solutions from $4.00 to $4.25 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Finally, Zacks Research raised shares of Maison Solutions to a “hold” rating in a report on Friday, October 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $4.25.

Maison Solutions Price Performance

Shares of Maison Solutions stock traded down $0.02 during trading hours on Monday, reaching $0.33. 125,677 shares of the company’s stock were exchanged, compared to its average volume of 775,364. The business has a fifty day moving average of $0.53 and a two-hundred day moving average of $0.78. The company has a market capitalization of $6.56 million, a P/E ratio of -1.28 and a beta of 5.27. The company has a quick ratio of 0.44, a current ratio of 0.77 and a debt-to-equity ratio of 0.67. Maison Solutions has a 1 year low of $0.30 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 for the quarter. The business had revenue of $27.63 million for the quarter, compared to analyst estimates of $29.50 million. Maison Solutions had a negative return on equity of 46.54% and a negative net margin of 4.89%.

Hedge Funds 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) during the 2nd quarter, according to its most recent 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 0.16% of Maison Solutions at the end of the most recent quarter. Institutional investors and hedge funds 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.