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

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) saw a large increase in short interest in 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 short-interest ratio is currently 0.4 days.

Inflection Point Acquisition Corp. II Stock Down 1.4 %

Shares of Inflection Point Acquisition Corp. II stock traded down $0.02 on Wednesday, reaching $1.41. 47,084 shares of the company were exchanged, compared to its average volume of 132,510. Inflection Point Acquisition Corp. II has a 1-year low of $0.08 and a 1-year high of $1.51. The company’s 50-day moving average is $0.70 and its two-hundred day moving average is $0.38.

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.