Helix Acquisition Corp. III (NASDAQ:HLXC) Short Interest Up 544.7% in August

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on Helix Acquisition Corp. III in a research note on Friday, August 14th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Helix Acquisition Corp. III Trading Up 0.3%

Shares of HLXC opened at $10.96 on Wednesday. The business’s fifty day moving average is $10.54 and its 200 day moving average is $10.35. Helix Acquisition Corp. III has a 12-month low of $10.11 and a 12-month 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.