Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 82.0% in December

Maison Solutions Inc. (NASDAQ:MSS) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 32,917 shares, a drop of 82.0% from the December 15th total of 182,623 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 2,134,570 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 2,134,570 shares, the short-interest ratio is presently 0.0 days. Currently, 0.5% of the shares of the company are short sold.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MSS shares. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a report on Wednesday, October 8th. Ascendiant Capital Markets raised their price target 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. Finally, Zacks Research upgraded Maison Solutions to a “hold” rating in a report on Friday, October 10th. One investment 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.50.

Institutional Inflows and Outflows

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) in the 2nd quarter, according to its most recent 13F 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 0.16% of Maison Solutions as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 2.37% of the company’s stock.

Maison Solutions Stock Performance

Shares of MSS traded down $0.03 during midday trading on Wednesday, hitting $0.29. The stock had a trading volume of 841,106 shares, compared to its average volume of 1,401,064. The business has a 50-day simple moving average of $0.42 and a two-hundred day simple moving average of $0.73. Maison Solutions has a fifty-two week low of $0.29 and a fifty-two week high of $3.96. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.44 and a current ratio of 0.77.

Maison Solutions (NASDAQ:MSS) last posted its earnings results on Monday, December 22nd. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $27.63 million during 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%.

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.