Maison Solutions Inc. (NASDAQ:MSS) Sees Large Growth in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 302,323 shares, an increase of 662.5% from the January 29th total of 39,648 shares. Based on an average trading volume of 310,030 shares, the short-interest ratio is presently 1.0 days. Currently, 4.4% of the shares of the company are sold short. Currently, 4.4% of the shares of the company are sold short. Based on an average trading volume of 310,030 shares, the short-interest ratio is presently 1.0 days.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MSS shares. Ascendiant Capital Markets upped their target price on Maison Solutions from $4.25 to $4.50 and gave the company a “buy” rating in a report on Tuesday, December 30th. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.50.

Maison Solutions Trading Up 1.8%

Shares of NASDAQ:MSS traded up $0.00 during midday trading on Thursday, reaching $0.26. 95,617 shares of the company’s stock were exchanged, compared to its average volume of 516,812. The stock has a market cap of $5.20 million, a price-to-earnings ratio of -1.02 and a beta of 5.42. Maison Solutions has a fifty-two week low of $0.24 and a fifty-two week high of $3.96. The firm’s 50 day simple moving average is $0.31 and its two-hundred day simple moving average is $0.59. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.77 and a quick ratio of 0.44.

Maison Solutions (NASDAQ:MSS) last posted its earnings results on Monday, December 22nd. The company reported ($0.24) EPS for the quarter. Maison Solutions had a negative net margin of 4.89% and a negative return on equity of 46.54%. The company had revenue of $27.62 million during the quarter, compared to analyst estimates of $29.50 million.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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. Institutional investors and hedge funds own 2.37% of the company’s stock.

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.