Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 42.5% in July

Maison Solutions Inc. (NASDAQ:MSS) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 86,073 shares, a drop of 42.5% from the June 30th total of 149,598 shares. Based on an average daily trading volume, of 4,810,923 shares, the days-to-cover ratio is currently 0.0 days. Currently, 21.0% of the shares of the company are sold short.

Analysts Set New Price Targets

MSS has been the subject of a number of recent research reports. Zacks Research raised shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a report on Friday, July 17th. Finally, Ascendiant Capital Markets lowered their target price on Maison Solutions from $225.00 to $162.50 and set a “buy” rating for the company in a report on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $162.50.

Hedge Funds Weigh In On Maison Solutions

An institutional investor recently bought a new stake in Maison Solutions stock. XTX Topco Ltd acquired a new position in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.37% of the company’s stock.

Maison Solutions Stock Performance

NASDAQ:MSS traded down $0.08 during mid-day trading on Friday, hitting $1.31. The stock had a trading volume of 439,103 shares, compared to its average volume of 451,752. The stock has a market capitalization of $795,354.00, a price-to-earnings ratio of -0.05 and a beta of 3.93. The company has a 50 day simple moving average of $3.68 and a 200-day simple moving average of $7.75. Maison Solutions has a 52 week low of $1.28 and a 52 week high of $198.00. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96.

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.