Helix Acquisition Corp. III (NASDAQ:HLXC – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 89 shares, a decline of 89.7% from the September 15th total of 864 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 69,043 shares, the days-to-cover ratio is presently 0.0 days.
Helix Acquisition Corp. III Trading Down 1.0%
Shares of HLXC opened at $10.40 on Friday. The stock has a 50 day moving average price of $10.69 and a 200 day moving average price of $10.44. Helix Acquisition Corp. III has a one year low of $10.11 and a one year high of $11.23.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Helix Acquisition Corp. III from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
About Helix Acquisition Corp. III
Helix Acquisition Corp. III is a special purpose acquisition company (SPAC) organized to identify and combine with one or more businesses through a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar transaction.
The company does not operate a traditional commercial business and does not manufacture products or provide services to customers. Instead, its activities are focused on evaluating potential acquisition targets and completing a qualifying business combination.
Helix Acquisition Corp.
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