Short Interest in Flag Ship Acquisition Corporation (NASDAQ:FSHPR) Declines By 59.9%

Flag Ship Acquisition Corporation (NASDAQ:FSHPR) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,347 shares, a decrease of 59.9% from the July 15th total of 3,355 shares. Based on an average trading volume of 9,242 shares, the short-interest ratio is currently 0.1 days.

Flag Ship Acquisition Price Performance

FSHPR stock remained flat at $0.07 during midday trading on Friday. The company had a trading volume of 74 shares, compared to its average volume of 10,502. The stock’s 50-day moving average price is $0.08 and its 200-day moving average price is $0.11. Flag Ship Acquisition has a 12 month low of $0.04 and a 12 month high of $0.22.

About Flag Ship Acquisition

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.