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

Flag Ship Acquisition Corporation (NASDAQ:FSHPGet Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 504 shares, a drop of 62.2% from the June 30th total of 1,334 shares. Based on an average trading volume of 121 shares, the days-to-cover ratio is presently 4.2 days. Currently, 0.0% of the company’s stock are sold short.

Flag Ship Acquisition Trading Up 0.8%

NASDAQ FSHP traded up $0.09 on Tuesday, hitting $11.28. 120 shares of the stock were exchanged, compared to its average volume of 80. Flag Ship Acquisition has a fifty-two week low of $10.47 and a fifty-two week high of $12.00. The company has a 50-day moving average price of $11.11 and a 200-day moving average price of $10.98.

Flag Ship Acquisition (NASDAQ:FSHPGet Free Report) last announced its quarterly earnings data on Friday, May 29th. The company reported $0.05 earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Flag Ship Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Get Our Latest Report on Flag Ship Acquisition

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Flag Ship Acquisition stock. Toronto Dominion Bank bought a new stake in Flag Ship Acquisition Corporation (NASDAQ:FSHPFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,480 shares of the company’s stock, valued at approximately $37,000. Toronto Dominion Bank owned approximately 0.07% of Flag Ship Acquisition as of its most recent SEC filing.

About Flag Ship Acquisition

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Flag Ship Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flag Ship Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.