Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Sees Significant Increase in Short Interest

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) saw a large increase in short interest in 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. Based on an average daily trading volume, of 131,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings in Inflection Point Acquisition Corp. II by 62.4% during the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock valued at $268,000 after acquiring 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% during the second 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 period. Wolverine Asset Management LLC grew its holdings in shares of Inflection Point Acquisition Corp. II by 20,059.0% in the second quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock worth $4,906,000 after purchasing an additional 460,554 shares during the last quarter. Shaolin Capital Management LLC purchased a new position in shares of Inflection Point Acquisition Corp. II in the second quarter worth $6,229,000. Finally, Centiva Capital LP raised its holdings in Inflection Point Acquisition Corp. II by 153.9% during the 3rd 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 last quarter.

Inflection Point Acquisition Corp. II Stock Up 4.6 %

Shares of Inflection Point Acquisition Corp. II stock opened at $11.45 on Friday. Inflection Point Acquisition Corp. II has a 52-week low of $10.31 and a 52-week high of $15.18. The company has a fifty day moving average of $11.14 and a 200-day moving average of $10.83.

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.