Helix Acquisition (NASDAQ:HLXA) Stock Price Down 2.4%

Helix Acquisition Corp. (NASDAQ:HLXAGet Rating) shares traded down 2.4% on Thursday . The company traded as low as $5.18 and last traded at $5.29. 119,467 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 89,000 shares. The stock had previously closed at $5.42.

Helix Acquisition Price Performance

The stock has a 50 day moving average of $6.01 and a two-hundred day moving average of $7.63.

Hedge Funds Weigh In On Helix Acquisition

A number of large investors have recently made changes to their positions in HLXA. 683 Capital Management LLC increased its position in Helix Acquisition by 293.3% during the fourth quarter. 683 Capital Management LLC now owns 590,000 shares of the company’s stock worth $5,836,000 after buying an additional 440,000 shares during the last quarter. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of Helix Acquisition during the 4th quarter worth about $1,989,000. Jane Street Group LLC bought a new position in Helix Acquisition during the first quarter valued at about $726,000. Iron Park Capital Partners LP acquired a new position in shares of Helix Acquisition in the fourth quarter valued at $615,000. Finally, Fir Tree Capital Management LP bought a new position in shares of Helix Acquisition during the 1st quarter worth about $619,000.

About Helix Acquisition

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As of April 5, 2022, Helix Acquisition Corp. was acquired by MoonLake Immunotherapeutics AG, in a reverse merger transaction. Helix Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities.

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