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

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totalling 16,400 shares, a drop of 21.9% from the December 15th total of 21,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 115,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Inflection Point Acquisition Corp. II

Institutional investors have recently bought and sold shares of the company. Berkley W R Corp raised its stake in Inflection Point Acquisition Corp. II by 10.0% during the third quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock worth $12,955,000 after purchasing an additional 109,450 shares during the period. Geode Capital Management LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 62.4% in 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. Wolverine Asset Management LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 111.7% in the 3rd quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock valued at $10,534,000 after acquiring an additional 517,067 shares during the period. Shaolin Capital Management LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II in the 2nd quarter valued at approximately $6,229,000. Finally, Mizuho Securities USA LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 42.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock valued at $21,441,000 after acquiring an additional 595,250 shares during the period.

Inflection Point Acquisition Corp. II Price Performance

IPXX stock traded down $0.83 during trading on Thursday, reaching $12.32. 10,839 shares of the stock were exchanged, compared to its average volume of 4,930. The business has a 50 day moving average price of $11.58 and a 200-day moving average price of $11.01. Inflection Point Acquisition Corp. II has a 1 year low of $10.36 and a 1 year high of $15.18.

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.