Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 42.5% in July

Maison Solutions Inc. (NASDAQ:MSS) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 86,073 shares, a drop of 42.5% from the June 30th total of 149,598 shares. Currently, 21.0% of the company’s stock are short sold. Based on an average daily volume of 4,810,923 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

MSS has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Ascendiant Capital Markets dropped their target price on Maison Solutions from $225.00 to $162.50 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. 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’s stock. According to MarketBeat.com, Maison Solutions presently has a consensus rating of “Hold” and an average price target of $162.50.

Hedge Funds Weigh In On Maison Solutions

A hedge fund recently bought a new position in Maison Solutions stock. XTX Topco Ltd acquired a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 SEC filing. 2.37% of the stock is owned by hedge funds and other institutional investors.

Maison Solutions Stock Up 6.6%

MSS traded up $0.10 during trading on Wednesday, reaching $1.70. 26,073,775 shares of the stock were exchanged, compared to its average volume of 432,201. The stock has a market cap of $1.03 million, a P/E ratio of -0.06 and a beta of 3.93. The stock’s 50 day moving average price is $3.82 and its two-hundred day moving average price is $7.96. Maison Solutions has a twelve month low of $1.56 and a twelve month high of $198.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67.

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.