Short Interest in Helix Acquisition Corp. II (NASDAQ:HLXB) Expands By 5,500.0%

Helix Acquisition Corp. II (NASDAQ:HLXB) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 5,600 shares, an increase of 5,500.0% from the July 31st total of 100 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.0% of the shares of the company are short sold.

Helix Acquisition Corp. II Price Performance

Shares of HLXB stock opened at $10.40 on Wednesday. The business has a 50-day simple moving average of $10.32 and a 200-day simple moving average of $10.32. Helix Acquisition Corp. II has a 52-week low of $10.03 and a 52-week high of $10.83.

Hedge Funds Weigh In On Helix Acquisition Corp. II

Institutional investors and hedge funds have recently modified their holdings of the business. Walleye Trading LLC acquired a new position in shares of Helix Acquisition Corp. II during the 1st quarter worth approximately $537,000. Price T Rowe Associates Inc. MD purchased a new position in Helix Acquisition Corp. II during the first quarter valued at $11,703,000. Millennium Management LLC lifted its holdings in Helix Acquisition Corp. II by 1.0% during the second quarter. Millennium Management LLC now owns 1,117,400 shares of the company’s stock valued at $11,420,000 after purchasing an additional 11,610 shares in the last quarter. TD Asset Management Inc acquired a new stake in shares of Helix Acquisition Corp. II in the second quarter valued at about $1,480,000. Finally, Farallon Capital Management LLC purchased a new stake in Helix Acquisition Corp. II during the 1st quarter worth approximately $6,210,000. Hedge funds and other institutional investors own 54.89% of the company’s stock.

Helix Acquisition Corp. II Company Profile

Helix Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Boston, Massachusetts. Helix Acquisition Corp. II is a subsidiary of Helix Holdings II LLC.