Maison Solutions Inc. (NASDAQ:MSS) Short Interest Update

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 67,084 shares, a drop of 53.4% from the July 30th total of 143,935 shares. Currently, 16.4% of the shares of the company are sold short. Based on an average daily volume of 302,781 shares, the days-to-cover ratio is presently 0.2 days.

Maison Solutions Trading Down 3.8%

MSS traded down $0.06 during trading on Monday, reaching $1.54. 238,450 shares of the company’s stock were exchanged, compared to its average volume of 1,081,431. The company’s fifty day moving average price is $2.29 and its 200-day moving average price is $5.91. 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 $1.24 and a fifty-two week high of $198.00. The firm has a market capitalization of $939,400.00, a PE ratio of -0.06 and a beta of 4.16.

Analyst Ratings Changes

MSS has been the topic of a number of recent analyst reports. Zacks Research raised Maison Solutions from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Wall Street Zen raised Maison Solutions from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $162.50.

Insider Transactions at Maison Solutions

In other Maison Solutions news, major shareholder Financial Lp Hrt sold 32,556 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total value of $59,903.04. Following the sale, the insider owned 64,892 shares of the company’s stock, valued at $119,401.28. The trade was a 33.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 32.73% of the stock is owned by company insiders.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd bought a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to the company in its most recent 13F filing 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 about 0.16% of Maison Solutions at the end of the most recent quarter. 2.37% of the stock is owned by institutional investors and hedge funds.

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.