Maison Solutions Inc. (NASDAQ:MSS) Short Interest Update

Maison Solutions Inc. (NASDAQ:MSS) saw a significant decrease in short interest during the month of 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. Based on an average daily trading volume, of 204,861 shares, the days-to-cover ratio is presently 0.2 days. Currently, 10.4% of the company’s shares are sold short.

Maison Solutions Stock Up 7.8%

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

Insider Buying and Selling

In other Maison Solutions news, major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total transaction of $59,903.04. Following the completion of the transaction, the insider owned 64,892 shares of the company’s stock, valued at $119,401.28. This trade represents a 33.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 32.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on MSS. Wall Street Zen raised shares of Maison Solutions from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 29th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. Finally, Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Maison Solutions presently has a consensus rating of “Hold” and a consensus price target of $162.50.

About Maison Solutions

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.