Shark Bait

Shark Bait can be found by pickpocketing naga in Zangarmarsh and Isle of Quel'Danas.

Trivia
This is the name the other fish gave Nemo in Finding Nemo. The flavor text, "Just keep swimming," is a quote that Dory always sings. In addition, the item's icon looks like Nemo too, an orange and white striped clownfish.