Flag Ship Acquisition Corporation (NASDAQ:FSHP) Short Interest Down 62.2% in July

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

Flag Ship Acquisition Stock Performance

Shares of FSHP opened at $11.19 on Wednesday. Flag Ship Acquisition has a fifty-two week low of $10.47 and a fifty-two week high of $12.00. The firm has a 50 day moving average price of $11.12 and a 200-day moving average price of $10.98.

Flag Ship Acquisition (NASDAQ:FSHPGet Free Report) last released its earnings results on Friday, May 29th. The company reported $0.05 EPS for the quarter.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on FSHP

Institutional Investors Weigh In On Flag Ship Acquisition

An institutional investor recently bought a new stake in Flag Ship Acquisition stock. Toronto Dominion Bank bought a new stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHPFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,480 shares of the company’s stock, valued at approximately $37,000. Toronto Dominion Bank owned 0.07% of Flag Ship Acquisition at the end of the most recent reporting period.

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.

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