Maison Solutions Inc. (NASDAQ:MSS) Stock Short Interest Falls 52.0%

Maison Solutions Inc. (NASDAQ:MSS – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 42,475 shares, a decrease of 52.0% from the August 31st total of 88,477 shares. Currently, 10.4% of the company’s stock are short sold. Based on an average trading volume of 204,861 shares, the days-to-cover ratio is presently 0.2 days.

Insider Activity

In other news, major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1.84, for a total value of $59,903.04. Following the transaction, the insider owned 64,892 shares in the company, valued at approximately $119,401.28. This represents a 33.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 32.73% of the company’s stock.

Maison Solutions Stock Performance

NASDAQ MSS traded up $0.13 during trading hours on Tuesday, hitting $1.79. The company had a trading volume of 365,956 shares, compared to its average volume of 1,513,000. The business has a 50 day moving average of $1.62 and a 200-day moving average of $4.21. The company has a market cap of $1.09 million, a PE ratio of -0.07 and a beta of 4.19. Maison Solutions has a 1-year low of $1.24 and a 1-year high of $74.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67.

Analyst Ratings Changes

MSS has been the subject of a number of research analyst reports. Wall Street Zen raised Maison Solutions from a “strong sell” rating to a “sell” rating in a report on Saturday, August 29th. Zacks Research raised shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.50.

Check Out Our Latest Analysis on Maison Solutions

Maison Solutions Company Profile

(Get Free Report)

Maison Solutions, Inc is a specialty grocery retailer focused on serving Asian-American communities in the United States. The company operates supermarkets that offer a broad selection of Asian and international food products alongside traditional grocery merchandise.

Its stores generally sell fresh produce, meat, seafood, packaged foods, snacks, beverages, frozen items, household goods and prepared foods. Maison Solutions also emphasizes products and services tailored to local Asian communities, including ingredients and brands that may be less widely available at conventional supermarkets.

The company’s operations are concentrated in California, particularly in Southern California, where it operates stores under specialty-grocery banners including SF Supermarket and related names.

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