Helix Acquisition Corp. III (NASDAQ:HLXC) Stock Short Interest Declines 89.7%

Helix Acquisition Corp. III (NASDAQ:HLXC) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 89 shares, a decrease of 89.7% from the September 15th total of 864 shares. Based on an average trading volume of 69,043 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

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

Helix Acquisition Corp. III Trading Down 1.0%

Shares of NASDAQ:HLXC traded down $0.10 during trading on Friday, hitting $10.40. The stock had a trading volume of 325 shares, compared to its average volume of 45,054. Helix Acquisition Corp. III has a 12-month low of $10.11 and a 12-month high of $11.23. The stock has a 50-day simple moving average of $10.69 and a two-hundred day simple moving average of $10.44.

Helix Acquisition Corp. III Company Profile

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.