Maison Solutions Inc. (NASDAQ:MSS) Short Interest Up 668.5% in March

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,917,000 shares, an increase of 668.5% from the February 26th total of 249,440 shares. Based on an average daily volume of 5,688,008 shares, the days-to-cover ratio is presently 0.3 days. Approximately 27.6% of the shares of the stock are short sold. Approximately 27.6% of the shares of the stock are short sold. Based on an average daily volume of 5,688,008 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

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 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 reporting period. 2.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSS has been the subject of several research analyst reports. Ascendiant Capital Markets upped their price target on shares of Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a research report on Tuesday, December 30th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a 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 data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $4.50.

Maison Solutions Trading Up 1.0%

Shares of MSS opened at $0.15 on Wednesday. Maison Solutions has a 52-week low of $0.13 and a 52-week high of $3.96. The stock has a market cap of $2.89 million, a PE ratio of -0.28 and a beta of 5.24. The firm’s fifty day moving average is $0.25 and its two-hundred day moving average is $0.50. The company has a quick ratio of 0.37, a current ratio of 0.67 and a debt-to-equity ratio of 0.96.

Maison Solutions (NASDAQ:MSS) last issued its earnings results on Monday, March 16th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.18). The business had revenue of $29.54 million during the quarter, compared to analyst estimates of $33.10 million. Maison Solutions had a negative net margin of 10.56% and a negative return on equity of 93.48%.

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.