Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Expands By 5.3%

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

Inflection Point Acquisition Corp. II Trading Up 0.1 %

NASDAQ:IPXX traded up $0.01 during mid-day trading on Thursday, reaching $10.79. 51,911 shares of the stock were exchanged, compared to its average volume of 131,554. Inflection Point Acquisition Corp. II has a 1 year low of $10.23 and a 1 year high of $11.00. The company has a 50 day simple moving average of $10.74 and a 200-day simple moving average of $10.64.

Institutional Investors Weigh In On Inflection Point Acquisition Corp. II

Several large investors have recently modified their holdings of IPXX. Picton Mahoney Asset Management raised its position in Inflection Point Acquisition Corp. II by 250.0% in the 1st quarter. Picton Mahoney Asset Management now owns 875,000 shares of the company’s stock valued at $9,157,000 after purchasing an additional 625,000 shares during the last quarter. Maso Capital Partners Ltd purchased a new position in shares of Inflection Point Acquisition Corp. II during the first quarter worth about $1,047,000. Virtu Financial LLC acquired a new position in Inflection Point Acquisition Corp. II in the 1st quarter valued at about $720,000. Wolverine Asset Management LLC raised its stake in Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd 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 last quarter. Finally, Cowen AND Company LLC raised its stake 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 valued at $4,303,000 after acquiring an additional 144,367 shares during the last quarter.

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.