Short Interest in Flag Ship Acquisition Corporation (NASDAQ:FSHPR) Rises By 79.1%

Flag Ship Acquisition Corporation (NASDAQ:FSHPR) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,422 shares, a growth of 79.1% from the May 31st total of 1,352 shares. Based on an average daily trading volume, of 5,204 shares, the short-interest ratio is presently 0.5 days.

Flag Ship Acquisition Stock Performance

FSHPR stock opened at $0.08 on Friday. Flag Ship Acquisition has a twelve month low of $0.07 and a twelve month high of $0.22. The business has a fifty day moving average of $0.09 and a 200-day moving average of $0.13.

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.