Maison Solutions Inc. (NASDAQ:MSS) Short Interest Down 38.5% in May

Maison Solutions Inc. (NASDAQ:MSS) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 43,891 shares, a decline of 38.5% from the April 30th total of 71,361 shares. Based on an average trading volume of 379,114 shares, the days-to-cover ratio is presently 0.1 days. Currently, 4.1% of the company’s shares are short sold.

Institutional Trading of Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd acquired a new stake in Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 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 own 2.37% of the company’s stock.

Maison Solutions Trading Up 6.3%

Shares of NASDAQ:MSS traded up $0.07 during mid-day trading on Thursday, hitting $1.19. The company had a trading volume of 326,609 shares, compared to its average volume of 186,507. The firm has a fifty day moving average price of $1.24 and a 200 day moving average price of $2.56. The company has a market capitalization of $3.63 million, a PE ratio of -0.22 and a beta of 3.86. 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 has a one year low of $0.90 and a one year high of $39.60.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MSS. Weiss Ratings restated 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 dropped their price target on shares of Maison Solutions from $45.00 to $32.50 and set a “buy” rating on the stock 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 data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $32.50.

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.