Short Interest in Maison Solutions Inc. (NASDAQ:MSS) Declines By 74.1%

Maison Solutions Inc. (NASDAQ:MSS) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 46,000 shares, a drop of 74.1% from the September 30th total of 177,400 shares. Based on an average daily trading volume, of 2,030,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 7.1% of the company’s stock are sold short.

Maison Solutions Price Performance

Maison Solutions stock traded down $0.04 during midday trading on Friday, hitting $0.97. 16,919 shares of the company were exchanged, compared to its average volume of 724,559. Maison Solutions has a fifty-two week low of $0.60 and a fifty-two week high of $22.97. The company’s fifty day moving average price is $0.99 and its 200-day moving average price is $1.11. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.19 and a current ratio of 0.44.

Maison Solutions (NASDAQ:MSS) last posted its earnings results on Monday, September 23rd. The company reported $0.04 EPS for the quarter. The business had revenue of $29.65 million for the quarter. Maison Solutions had a negative net margin of 3.43% and a negative return on equity of 22.40%.

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.