Flag Ship Acquisition Corporation $FSHP Shares Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC boosted its stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 494,117 shares of the company’s stock after acquiring an additional 6,558 shares during the quarter. Wolverine Asset Management LLC owned 0.06% of Flag Ship Acquisition worth $5,203,000 at the end of the most recent reporting period.

Separately, Mizuho Securities USA LLC boosted its position in Flag Ship Acquisition by 0.3% during the first quarter. Mizuho Securities USA LLC now owns 659,500 shares of the company’s stock worth $6,760,000 after purchasing an additional 2,000 shares in the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Flag Ship Acquisition in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Flag Ship Acquisition Stock Up 0.3%

Flag Ship Acquisition stock opened at $10.67 on Friday. The company has a fifty day simple moving average of $10.59 and a 200-day simple moving average of $10.50. Flag Ship Acquisition Corporation has a 52-week low of $10.09 and a 52-week high of $10.83.

Flag Ship Acquisition Profile

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.