Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 79.3% in April

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 71,361 shares, a drop of 79.3% from the April 15th total of 345,560 shares. Based on an average daily trading volume, of 134,020 shares, the days-to-cover ratio is presently 0.5 days. Currently, 6.6% of the company’s stock are sold short.

Analyst Ratings Changes

A number of analysts have recently weighed in on MSS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a research report on Tuesday, April 21st. Zacks Research downgraded shares of Maison Solutions from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Finally, Ascendiant Capital Markets decreased their price target on shares of Maison Solutions from $45.00 to $32.50 and set a “buy” rating for the company in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $32.50.

Hedge Funds Weigh In On Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd acquired 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 & Exchange Commission. The firm acquired 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. Institutional investors own 2.37% of the company’s stock.

Maison Solutions Stock Performance

Shares of MSS opened at $1.22 on Tuesday. The business’s fifty day moving average price is $1.60 and its 200 day moving average price is $3.20. Maison Solutions has a 12-month low of $1.09 and a 12-month high of $39.60. The stock has a market capitalization of $3.71 million, a PE ratio of -0.23 and a beta of 4.14. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37.

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.