Flag Ship Acquisition Corp (NASDAQ:FSHPU – Get Free Report) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 3 shares, a drop of 99.4% from the October 15th total of 511 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Flag Ship Acquisition Stock Up 3.5%
Shares of NASDAQ:FSHPU traded up $0.40 during midday trading on Thursday, reaching $11.70. The business’s 50 day simple moving average is $11.36 and its two-hundred day simple moving average is $11.15. Flag Ship Acquisition has a one year low of $10.43 and a one year high of $13.40.
Flag Ship Acquisition Company Profile
Flag Ship Acquisition Corporation is a special purpose acquisition company (SPAC), formed to pursue a business combination with one or more businesses. Potential transactions may include a merger, share exchange, asset acquisition, share purchase, or reorganization. Flag Ship is not an operating company and does not itself offer products or services. Its business activity centers on identifying and completing a transaction with a target company; until then, it has no operating business to describe.
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