Short Interest in Inflection Point Acquisition Corp. III (NASDAQ:IPCX) Decreases By 77.5%

Inflection Point Acquisition Corp. III (NASDAQ:IPCX) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,853 shares, a decline of 77.5% from the January 15th total of 8,233 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 80,230 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 80,230 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Inflection Point Acquisition Corp. III

Several institutional investors and hedge funds have recently modified their holdings of IPCX. JPMorgan Chase & Co. acquired a new position in shares of Inflection Point Acquisition Corp. III in the third quarter worth $16,747,000. MMCAP International Inc. SPC acquired a new position in Inflection Point Acquisition Corp. III in the 3rd quarter worth about $14,098,000. Hudson Bay Capital Management LP increased its position in Inflection Point Acquisition Corp. III by 287.5% in the 3rd quarter. Hudson Bay Capital Management LP now owns 1,833,042 shares of the company’s stock worth $18,495,000 after purchasing an additional 1,360,042 shares during the last quarter. AQR Arbitrage LLC purchased a new stake in shares of Inflection Point Acquisition Corp. III during the 3rd quarter worth about $10,585,000. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Inflection Point Acquisition Corp. III during the 3rd quarter valued at about $7,552,000.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Inflection Point Acquisition Corp. III in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Inflection Point Acquisition Corp. III has a consensus rating of “Sell”.

Inflection Point Acquisition Corp. III Trading Down 0.2%

Inflection Point Acquisition Corp. III stock traded down $0.02 during mid-day trading on Thursday, hitting $10.15. The company’s stock had a trading volume of 67,631 shares, compared to its average volume of 64,040. Inflection Point Acquisition Corp. III has a 52-week low of $10.05 and a 52-week high of $10.35. The stock’s 50 day moving average is $10.15.

Inflection Point Acquisition Corp. III (NASDAQ:IPCX) last released its earnings results on Friday, November 14th. The company reported $0.03 earnings per share for the quarter.

About Inflection Point Acquisition Corp. III

Inflection Point Acquisition Corp. III (NASDAQ: IPCX) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, that is organized to raise capital through a public offering for the purpose of effecting a merger, acquisition, capital stock exchange, asset purchase, reorganization or similar business combination. As a SPAC, it does not operate a conventional operating business; instead, its principal objective is to identify and combine with one or more operating businesses that will become publicly listed through the transaction.

Like many SPACs, Inflection Point Acquisition Corp.