Flag Ship Acquisition Corp (NASDAQ:FSHPU) Short Interest Up ? in May

Flag Ship Acquisition Corp (NASDAQ:FSHPU) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,049 shares, a growth of ? from the May 14th total of 0 shares. Based on an average trading volume of 1,566 shares, the days-to-cover ratio is currently 0.7 days.

Flag Ship Acquisition Stock Performance

Shares of NASDAQ:FSHPU remained flat at $11.25 during midday trading on Friday. The firm’s 50 day simple moving average is $11.14. Flag Ship Acquisition has a 1-year low of $10.43 and a 1-year 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.