Flag Ship Acquisition Corp (NASDAQ:FSHPU) Sees Significant Increase in Short Interest

Flag Ship Acquisition Corp (NASDAQ:FSHPU) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 3 shares, a growth of ∞ from the June 30th total of 0 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 0.0 days.

Flag Ship Acquisition Stock Performance

Shares of Flag Ship Acquisition stock traded up $0.07 during trading on Wednesday, hitting $11.27. The stock’s 50-day simple moving average is $11.25. Flag Ship Acquisition has a 12-month low of $10.43 and a 12-month high of $13.40.

Flag Ship Acquisition Company Profile

We are a blank check company incorporated in the Cayman Islands and formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our business combination. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, to identify any acquisition target.