Flag Ship Acquisition Corp (NASDAQ:FSHPU) Shares Shorted: Short Interest Down 99.4% in October

Flag Ship Acquisition Corp (NASDAQ:FSHPU – Get Free Report) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 3 shares, a decline of 99.4% from the October 15th total of 511 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Flag Ship Acquisition Stock Up 3.5%

FSHPU traded up $0.40 during trading on Tuesday, hitting $11.70. Flag Ship Acquisition has a fifty-two week low of $10.43 and a fifty-two week high of $13.40. The business has a 50-day moving average of $11.36 and a 200 day moving average of $11.14.

About Flag Ship Acquisition

(Get Free Report)

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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