Flag Ship Acquisition Corporation (NASDAQ:FSHP) Sees Large Drop in Short Interest

Posted by Donald Scott on Oct 12th, 2026

Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 516 shares, a drop of 65.1% from the September 15th total of 1,477 shares. Based on an average daily volume of 2,391 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Flag Ship Acquisition in a research note on Tuesday, September 8th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Flag Ship Acquisition currently has a consensus rating of “Sell”.

Read Our Latest Research Report on FSHP

Insider Activity at Flag Ship Acquisition

In other news, major shareholder Mizuho Securities Usa Llc sold 85,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $11.23, for a total value of $954,550.00. Following the sale, the insider owned 315,000 shares of the company’s stock, valued at $3,537,450. The trade was a 21.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 60.22% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Flag Ship Acquisition stock. Berkley W R Corp grew its stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) by 8.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 434,420 shares of the company’s stock after purchasing an additional 33,482 shares during the quarter. Berkley W R Corp owned about 8.64% of Flag Ship Acquisition worth $4,748,000 at the end of the most recent quarter.

Flag Ship Acquisition Price Performance

Shares of NASDAQ:FSHP traded up $0.03 during midday trading on Monday, reaching $11.31. The company had a trading volume of 1,093 shares, compared to its average volume of 1,985. The business’s 50 day moving average price is $11.30 and its 200 day moving average price is $11.15. Flag Ship Acquisition has a 1-year low of $10.60 and a 1-year high of $12.00.