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

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, an increase of 5.3% from the September 30th total of 5,700 shares. Based on an average trading volume of 140,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Inflection Point Acquisition Corp. II Price Performance

Shares of IPXX stock opened at $10.76 on Friday. The stock’s 50 day simple moving average is $10.74 and its 200 day simple moving average is $10.64. Inflection Point Acquisition Corp. II has a twelve month low of $10.23 and a twelve month high of $11.00.

Hedge Funds Weigh In On Inflection Point Acquisition Corp. II

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IPXX. Virtu Financial LLC acquired a new stake in shares of Inflection Point Acquisition Corp. II in the first quarter worth $720,000. Maso Capital Partners Ltd bought a new position in Inflection Point Acquisition Corp. II in the 1st quarter worth $1,047,000. Cowen AND Company LLC lifted its position in Inflection Point Acquisition Corp. II by 55.2% during the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock worth $4,303,000 after acquiring an additional 144,367 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in Inflection Point Acquisition Corp. II by 20,059.0% during the second quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after acquiring an additional 460,554 shares during the period. Finally, Shaolin Capital Management LLC acquired a new stake in shares of Inflection Point Acquisition Corp. II in the second quarter valued at about $6,229,000.

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.