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

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 34,000 shares, an increase of 109.9% from the December 15th total of 16,200 shares. Based on an average daily volume of 59,800 shares, the days-to-cover ratio is currently 0.6 days.

Inflection Point Acquisition Corp. II Price Performance

Shares of IPXXW traded down $0.01 during trading hours on Thursday, reaching $0.65. The stock had a trading volume of 7,002 shares, compared to its average volume of 113,100. Inflection Point Acquisition Corp. II has a 52 week low of $0.08 and a 52 week high of $0.77. The firm has a 50-day moving average of $0.44 and a 200 day moving average of $0.26.

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.