Helix Acquisition Corp. III (NASDAQ:HLXC) Sees Significant Drop in Short Interest

Helix Acquisition Corp. III (NASDAQ:HLXC) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 472 shares, a decline of 97.1% from the August 15th total of 16,104 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 12,896 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Helix Acquisition Corp. III from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Helix Acquisition Corp. III presently has an average rating of “Sell”.

Helix Acquisition Corp. III Price Performance

HLXC stock remained flat at $10.80 during trading on Friday. 3,968 shares of the company traded hands, compared to its average volume of 10,367. The firm has a fifty day moving average price of $10.63 and a 200 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.

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.