Maison Solutions Inc. (NASDAQ:MSS) Sees Significant Increase in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 109,517 shares, an increase of 232.7% from the December 31st total of 32,917 shares. Based on an average daily trading volume, of 577,426 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.6% of the shares of the stock are short sold. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 577,426 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Several analysts have recently issued reports on MSS shares. Zacks Research upgraded Maison Solutions to a “hold” rating in a research report on Friday, October 10th. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a report on Thursday, January 22nd. Finally, Ascendiant Capital Markets lifted their price target on shares of Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a report on Tuesday, December 30th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $4.50.

Maison Solutions Trading Up 2.9%

Shares of NASDAQ MSS traded up $0.01 on Wednesday, reaching $0.28. 103,020 shares of the company traded hands, compared to its average volume of 410,861. The stock has a market capitalization of $5.57 million, a PE ratio of -1.09 and a beta of 5.38. Maison Solutions has a fifty-two week low of $0.27 and a fifty-two week high of $3.96. The company has a current ratio of 0.77, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67. The company has a 50 day moving average of $0.38 and a 200 day moving average of $0.69.

Maison Solutions (NASDAQ:MSS) last posted its quarterly earnings results on Monday, December 22nd. The company reported ($0.24) earnings per share for the quarter. Maison Solutions had a negative return on equity of 46.54% and a negative net margin of 4.89%.The company had revenue of $27.63 million for the quarter, compared to analysts’ expectations of $29.50 million.

Institutional Trading of Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd bought a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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. 2.37% of the stock is currently 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.