Short Interest in Helix Acquisition Corp. III (NASDAQ:HLXC) Expands By 544.7%

Helix Acquisition Corp. III (NASDAQ:HLXC) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 16,104 shares, an increase of 544.7% from the July 30th total of 2,498 shares. Based on an average trading volume of 43,632 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on shares of Helix Acquisition Corp. III in a research note on Friday, August 14th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Helix Acquisition Corp. III currently has an average rating of “Sell”.

Helix Acquisition Corp. III Price Performance

HLXC stock opened at $10.90 on Friday. Helix Acquisition Corp. III has a 1-year low of $10.11 and a 1-year high of $11.23. The business’s 50 day simple moving average is $10.56 and its 200 day simple moving average is $10.36.

About Helix Acquisition Corp. III

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.