Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Increases By 134.5%

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 102,921 shares, an increase of 134.5% from the May 14th total of 43,891 shares. Based on an average daily volume of 91,281 shares, the days-to-cover ratio is currently 1.1 days. Currently, 9.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd acquired a new position in Maison Solutions Inc. (NASDAQ:MSS) in the second 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 about 0.16% of Maison Solutions as of its most recent filing with the Securities and Exchange Commission. 2.37% of the stock is currently owned by institutional investors and hedge funds.

Maison Solutions Stock Performance

Shares of MSS opened at $0.97 on Monday. The firm has a market cap of $2.96 million, a price-to-earnings ratio of -0.18 and a beta of 3.87. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67. Maison Solutions has a fifty-two week low of $0.88 and a fifty-two week high of $39.60. The firm has a 50 day moving average price of $1.19 and a 200-day moving average price of $2.40.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Zacks Research lowered shares of Maison Solutions from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research report on Tuesday, April 21st. Finally, Ascendiant Capital Markets dropped their target price on shares of Maison Solutions from $45.00 to $32.50 and set a “buy” rating for the company in a research report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Maison Solutions has an average rating of “Reduce” and an average price target of $32.50.

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.