Toronto Dominion Bank Buys New Holdings in Flag Ship Acquisition Corporation (NASDAQ:FSHP)

Toronto Dominion Bank acquired a new stake in shares of Flag Ship Acquisition Corporation (NASDAQ:FSHP - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 577,271 shares of the company's stock, valued at approximately $5,865,000. Toronto Dominion Bank owned approximately 6.52% of Flag Ship Acquisition as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Robinson Capital Management LLC acquired a new stake in shares of Flag Ship Acquisition during the 4th quarter valued at $130,000. Mizuho Securities USA LLC boosted its holdings in shares of Flag Ship Acquisition by 8.9% during the 4th quarter. Mizuho Securities USA LLC now owns 657,500 shares of the company's stock valued at $6,641,000 after acquiring an additional 53,613 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in Flag Ship Acquisition during the 4th quarter worth about $4,720,000.

Flag Ship Acquisition Stock Up 0.4%

FSHP traded up $0.04 during midday trading on Tuesday, hitting $10.52. 34 shares of the company were exchanged, compared to its average volume of 40,172. Flag Ship Acquisition Corporation has a 1-year low of $9.99 and a 1-year high of $10.52. The firm's 50 day moving average price is $10.37 and its 200-day moving average price is $10.26.

Flag Ship Acquisition Company 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.