Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Increases By 251.4%

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 36,900 shares, an increase of 251.4% from the January 31st total of 10,500 shares. Based on an average daily trading volume, of 13,900 shares, the short-interest ratio is currently 2.7 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of Inflection Point Acquisition Corp. II

Large investors have recently made changes to their positions in the business. Decagon Asset Management LLP bought a new position in Inflection Point Acquisition Corp. II during the 4th quarter valued at about $8,724,000. Newtyn Management LLC bought a new position in Inflection Point Acquisition Corp. II during the 4th quarter valued at about $8,036,000. Harraden Circle Investments LLC bought a new position in Inflection Point Acquisition Corp. II during the 4th quarter valued at about $8,036,000. Mizuho Securities USA LLC grew its holdings in 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 valued at $21,441,000 after purchasing an additional 595,250 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in Inflection Point Acquisition Corp. II by 111.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock valued at $10,534,000 after purchasing an additional 517,067 shares during the last quarter.

Analyst Ratings Changes

Separately, Benchmark upgraded shares of Inflection Point Acquisition Corp. II to a “strong-buy” rating in a report on Thursday.

Inflection Point Acquisition Corp. II Stock Performance

Shares of Inflection Point Acquisition Corp. II stock traded up $0.07 during trading hours on Friday, reaching $11.13. The company’s stock had a trading volume of 5,852 shares, compared to its average volume of 119,266. The firm has a 50 day moving average price of $12.02 and a 200-day moving average price of $11.31. Inflection Point Acquisition Corp. II has a one year low of $10.44 and a one year high of $15.18.

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.