Helix Acquisition Corp. III (NASDAQ:HLXC – Get Free Report) was the target of a significant decrease in short interest in 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 daily volume of 69,043 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analyst Weigh In
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. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on HLXC
Helix Acquisition Corp. III Stock Performance
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.
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