Maison Solutions Inc. (NASDAQ:MSS) Short Interest Up 51.7% in December

Maison Solutions Inc. (NASDAQ:MSS) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 182,623 shares, a growth of 51.7% from the November 30th total of 120,406 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average trading volume of 174,243 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 174,243 shares, the days-to-cover ratio is presently 1.0 days. Approximately 2.6% of the shares of the company are short sold.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Wednesday, October 8th. Ascendiant Capital Markets lifted their target price on shares of Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a report on Tuesday. Finally, Zacks Research raised shares of Maison Solutions to a “hold” rating in a report on Friday, October 10th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.50.

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 position in shares of Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 filing with the Securities and Exchange Commission (SEC). 2.37% of the stock is owned by institutional investors.

Maison Solutions Stock Performance

Shares of MSS stock traded down $0.02 on Tuesday, hitting $0.30. The company’s stock had a trading volume of 358,401 shares, compared to its average volume of 773,808. Maison Solutions has a fifty-two week low of $0.30 and a fifty-two week high of $3.96. The company has a market capitalization of $5.94 million, a PE ratio of -1.16 and a beta of 5.27. The stock’s 50 day moving average is $0.52 and its 200-day moving average is $0.77. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.44 and a current ratio of 0.77.

Maison Solutions (NASDAQ:MSS) last posted its quarterly earnings data on Monday, December 22nd. The company reported ($0.24) earnings per share (EPS) for the quarter. Maison Solutions had a negative net margin of 4.89% and a negative return on equity of 46.54%. The business had revenue of $27.63 million during the quarter, compared to the consensus estimate of $29.50 million.

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.