Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Decreases By 40.2%

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 20,100 shares, a decline of 40.2% from the February 13th total of 33,600 shares. Based on an average daily volume of 107,700 shares, the days-to-cover ratio is currently 0.2 days.

Inflection Point Acquisition Corp. II Trading Up 28.5 %

Shares of NASDAQ IPXXW traded up $0.31 on Friday, reaching $1.38. 241,954 shares of the company traded hands, compared to its average volume of 80,759. Inflection Point Acquisition Corp. II has a fifty-two week low of $0.08 and a fifty-two week high of $1.64. The company has a 50 day moving average of $1.05 and a 200 day moving average of $0.56.

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.