Maison Solutions Inc. (NASDAQ:MSS) Short Interest Up 67.4% in April

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 345,560 shares, a growth of 67.4% from the March 31st total of 206,465 shares. Currently, 3.2% of the shares of the stock are short sold. Based on an average trading volume of 842,119 shares, the days-to-cover ratio is presently 0.4 days.

Maison Solutions Trading Up 6.8%

Maison Solutions stock traded up $0.08 during midday trading on Monday, hitting $1.25. 66,383 shares of the stock were exchanged, compared to its average volume of 136,587. The company has a fifty day simple moving average of $0.21 and a two-hundred day simple moving average of $0.37. Maison Solutions has a 52 week low of $1.09 and a 52 week high of $39.60. The stock has a market capitalization of $3.81 million, a PE ratio of -0.24 and a beta of 5.42. The company has a quick ratio of 0.37, a current ratio of 0.67 and a debt-to-equity ratio of 0.96.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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 disclosure with the Securities and Exchange Commission (SEC). The fund purchased 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 (SEC). 2.37% of the stock is owned by institutional investors.

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.