Short Interest in Flag Ship Acquisition Corporation (NASDAQ:FSHPR) Expands By 1,033.9%

Flag Ship Acquisition Corporation (NASDAQ:FSHPR) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 15,274 shares, a growth of 1,033.9% from the July 30th total of 1,347 shares. Based on an average daily trading volume, of 4,320 shares, the days-to-cover ratio is currently 3.5 days.

Flag Ship Acquisition Stock Down 33.3%

Shares of NASDAQ:FSHPR traded down $0.03 on Wednesday, hitting $0.06. The company had a trading volume of 65,233 shares, compared to its average volume of 11,226. Flag Ship Acquisition has a 52-week low of $0.04 and a 52-week high of $0.22. The business has a 50 day moving average of $0.08 and a 200 day moving average of $0.11.

Flag Ship Acquisition Company Profile

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.