Helix Acquisition Corp. III (NASDAQ:HLXC – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 472 shares, a decrease of 97.1% from the August 15th total of 16,104 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 12,896 shares, the days-to-cover ratio is currently 0.0 days.
Helix Acquisition Corp. III Stock Down 1.8%
Shares of HLXC traded down $0.19 during mid-day trading on Thursday, hitting $10.61. 3,968 shares of the company traded hands, compared to its average volume of 12,872. The stock has a 50-day moving average price of $10.63 and a two-hundred day moving average price of $10.39. Helix Acquisition Corp. III has a 1 year low of $10.11 and a 1 year high of $11.23.
Analyst Ratings Changes
Separately, Weiss Ratings raised Helix Acquisition Corp. III from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.
Helix Acquisition Corp. III Company Profile
Helix Acquisition Corp. III is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Helix Acquisition Corp. III is based in BOSTON.
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