Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Decreases By 63.8%

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 39,648 shares, a decrease of 63.8% from the January 15th total of 109,517 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 200,611 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 200,611 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.6% of the shares of the company are short sold.

Maison Solutions Price Performance

Shares of MSS stock opened at $0.27 on Wednesday. The stock’s fifty day simple moving average is $0.35 and its 200 day simple moving average is $0.64. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.77 and a quick ratio of 0.44. The firm has a market cap of $5.32 million, a price-to-earnings ratio of -1.04 and a beta of 5.42. Maison Solutions has a one year low of $0.24 and a one year high of $3.96.

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

Hedge Funds Weigh In On Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd purchased a new stake in Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to its most recent 13F filing with the Securities & 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 SEC filing. Institutional investors and hedge funds own 2.37% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MSS shares. 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 research note on Tuesday, December 30th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $4.50.

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.