Maison Solutions Inc. (NASDAQ:MSS) Short Interest Up 67.2% in July

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 143,935 shares, an increase of 67.2% from the July 15th total of 86,073 shares. Based on an average daily volume of 3,990,509 shares, the days-to-cover ratio is currently 0.0 days. Approximately 35.1% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MSS shares. Wall Street Zen cut shares of Maison Solutions to a “strong sell” rating in a research note on Saturday, August 1st. Zacks Research upgraded shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $162.50.

Maison Solutions Price Performance

Shares of NASDAQ MSS traded down $0.03 during trading on Monday, hitting $1.41. 134,140 shares of the company were exchanged, compared to its average volume of 442,084. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37. Maison Solutions has a 1 year low of $1.24 and a 1 year high of $198.00. The company has a market cap of $860,649.00, a price-to-earnings ratio of -0.05 and a beta of 4.16. The firm’s fifty day moving average price is $2.87 and its 200 day moving average price is $6.73.

Insiders Place Their Bets

In other news, major shareholder Financial Lp Hrt acquired 22,559 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were purchased at an average cost of $1.42 per share, for a total transaction of $32,033.78. Following the transaction, the insider directly owned 123,689 shares in the company, valued at approximately $175,638.38. This represents a 22.31% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 32.73% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Maison Solutions stock. XTX Topco Ltd bought a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions at the end of the most recent quarter. Hedge funds and other institutional investors 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.