Flag Ship Acquisition Corporation (NASDAQ:FSHP – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,133 shares, an increase of 127.1% from the August 15th total of 499 shares. Based on an average trading volume of 13,032 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Flag Ship Acquisition in a report on Tuesday, September 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
Read Our Latest Stock Analysis on Flag Ship Acquisition
Insider Transactions at Flag Ship Acquisition
Institutional Investors Weigh In On Flag Ship Acquisition
A hedge fund recently bought a new stake in Flag Ship Acquisition stock. Toronto Dominion Bank acquired a new stake in Flag Ship Acquisition Corporation (NASDAQ:FSHP – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,480 shares of the company’s stock, valued at approximately $37,000. Toronto Dominion Bank owned 0.07% of Flag Ship Acquisition as of its most recent SEC filing.
Flag Ship Acquisition Price Performance
NASDAQ:FSHP opened at $11.36 on Monday. The stock has a 50 day simple moving average of $11.26 and a 200 day simple moving average of $11.09. Flag Ship Acquisition has a 1-year low of $10.53 and a 1-year high of $12.00.
About Flag Ship Acquisition
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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