Flag Ship Acquisition Corp (NASDAQ:FSHPU – Get Free Report) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 3 shares, a drop of 99.4% from the October 15th total of 511 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Flag Ship Acquisition Stock Up 3.5%
Shares of FSHPU stock opened at $11.70 on Wednesday. The stock has a fifty day moving average price of $11.36 and a 200 day moving average price of $11.14. Flag Ship Acquisition has a 1 year low of $10.43 and a 1 year high of $13.40.
About Flag Ship Acquisition
Flag Ship Acquisition Corporation is a special purpose acquisition company (SPAC), formed to pursue a business combination with one or more businesses. Potential transactions may include a merger, share exchange, asset acquisition, share purchase, or reorganization. Flag Ship is not an operating company and does not itself offer products or services. Its business activity centers on identifying and completing a transaction with a target company; until then, it has no operating business to describe.
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