Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Decreases By 53.4%

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

Maison Solutions Price Performance

Maison Solutions stock traded up $0.04 during mid-day trading on Friday, reaching $1.60. 393,928 shares of the company were exchanged, compared to its average volume of 5,690,834. The company has a fifty day simple moving average of $2.29 and a 200-day simple moving average of $5.96. Maison Solutions has a 12 month low of $1.24 and a 12 month high of $198.00. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37. The firm has a market cap of $976,000.00, a PE ratio of -0.06 and a beta of 4.16.

Analyst Ratings Changes

MSS has been the topic of a number of research reports. Zacks Research raised Maison Solutions from a “strong sell” rating to a “hold” rating in a report 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 reissued 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 issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Maison Solutions presently has an average rating of “Hold” and a consensus target price of $162.50.

Insider Buying and Selling at Maison Solutions

In other news, major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1.84, for a total transaction of $59,903.04. Following the transaction, the insider owned 64,892 shares in the company, valued at approximately $119,401.28. This trade represents a 33.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 32.73% of the company’s stock.

Institutional Trading of Maison Solutions

A hedge fund recently bought a new position in Maison Solutions stock. XTX Topco Ltd purchased a new position in Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 2.37% of the company’s stock.

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.