Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Short Interest Update

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 21,000 shares, an increase of 6,900.0% from the November 30th total of 300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 131,700 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Inflection Point Acquisition Corp. II

Institutional investors and hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC increased its position in Inflection Point Acquisition Corp. II by 62.4% in the third quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock worth $268,000 after purchasing an additional 9,596 shares during the period. Cowen AND Company LLC boosted its stake in shares of Inflection Point Acquisition Corp. II by 55.2% in the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock valued at $4,303,000 after purchasing an additional 144,367 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of Inflection Point Acquisition Corp. II by 20,059.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after purchasing an additional 460,554 shares during the last quarter. Shaolin Capital Management LLC bought a new stake in shares of Inflection Point Acquisition Corp. II during the second quarter worth approximately $6,229,000. Finally, Centiva Capital LP lifted its holdings in Inflection Point Acquisition Corp. II by 153.9% in the third quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock valued at $6,816,000 after buying an additional 384,645 shares during the period.

Inflection Point Acquisition Corp. II Price Performance

Shares of IPXX traded up $0.26 during mid-day trading on Thursday, hitting $11.21. 3,302 shares of the company traded hands, compared to its average volume of 132,264. The business has a 50-day moving average of $11.13 and a 200 day moving average of $10.83. Inflection Point Acquisition Corp. II has a one year low of $10.31 and a one year high of $15.18.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.