Flag Ship Acquisition Corporation (NASDAQ:FSHPR) Short Interest Update

Flag Ship Acquisition Corporation (NASDAQ:FSHPR) was the recipient 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 trading volume of 4,320 shares, the short-interest ratio is presently 3.5 days.

Flag Ship Acquisition Price Performance

FSHPR traded up $0.02 during trading hours on Tuesday, reaching $0.09. 6,451 shares of the company’s stock traded hands, compared to its average volume of 10,422. The firm has a 50-day moving average price of $0.08 and a 200 day moving average price of $0.11. Flag Ship Acquisition has a 52-week low of $0.04 and a 52-week 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.