Yes. When you use the his input, Polyspace activates the subset of software complexity checkers that follow HIS guidelines and applies their recommended thresholds. A violation is raised if a metric exceeds the HIS threshold.
You can:
1) Search for guidelines with thresholds in Polyspace Bug Finder:
2) Activate these guidelines in the Polyspace UI:
3) View results where violations occur if values exceed thresholds:
4) Generate a report (BugFinder.rpt) that displays thresholds: