Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Sees Large Decrease in Short Interest

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

Inflection Point Acquisition Corp. II Stock Down 6.3 %

IPXX stock traded down $0.83 on Thursday, hitting $12.32. The company’s stock had a trading volume of 10,839 shares, compared to its average volume of 4,930. The firm has a 50 day moving average of $11.58 and a two-hundred day moving average of $11.01. Inflection Point Acquisition Corp. II has a 1 year low of $10.36 and a 1 year high of $15.18.

Institutional Trading of Inflection Point Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of IPXX. Geode Capital Management LLC raised its position in Inflection Point Acquisition Corp. II by 62.4% during the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock worth $268,000 after buying an additional 9,596 shares during the last quarter. Centiva Capital LP raised its position in Inflection Point Acquisition Corp. II by 153.9% during the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock worth $6,816,000 after buying an additional 384,645 shares during the last quarter. Berkley W R Corp grew its stake in shares of Inflection Point Acquisition Corp. II by 10.0% during the 3rd 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. Westchester Capital Management LLC grew its stake in shares of Inflection Point Acquisition Corp. II by 7.6% during the 3rd quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock worth $26,504,000 after purchasing an additional 175,000 shares during the period. Finally, Mizuho Securities USA LLC grew its stake in shares of Inflection Point Acquisition Corp. II by 42.4% during the 3rd quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock worth $21,441,000 after purchasing an additional 595,250 shares during the period.

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.