Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Rises By 400.0%

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 39,500 shares, an increase of 400.0% from the January 15th total of 7,900 shares. Based on an average daily volume of 95,400 shares, the days-to-cover ratio is currently 0.4 days.

Inflection Point Acquisition Corp. II Price Performance

Inflection Point Acquisition Corp. II stock opened at $1.35 on Thursday. The firm has a fifty day moving average price of $0.72 and a two-hundred day moving average price of $0.38. Inflection Point Acquisition Corp. II has a fifty-two week low of $0.08 and a fifty-two week high of $1.51.

About Inflection Point Acquisition Corp. II

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.