Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Short Interest Down 21.9% in January

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Wolverine Asset Management LLC raised its position in Inflection Point Acquisition Corp. II by 111.7% in the third 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 period. Mizuho Securities USA LLC raised its holdings in Inflection Point Acquisition Corp. II by 42.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock valued at $21,441,000 after buying an additional 595,250 shares during the period. Westchester Capital Management LLC lifted its position in Inflection Point Acquisition Corp. II by 7.6% in the third quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock valued at $26,504,000 after buying an additional 175,000 shares during the last quarter. Berkley W R Corp boosted its stake in Inflection Point Acquisition Corp. II by 10.0% during the third quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock worth $12,955,000 after buying an additional 109,450 shares during the period. Finally, Centiva Capital LP increased its position in shares of Inflection Point Acquisition Corp. II by 153.9% during the third quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock valued at $6,816,000 after acquiring an additional 384,645 shares during the last quarter.

Inflection Point Acquisition Corp. II Stock Performance

NASDAQ:IPXX traded down $0.58 on Thursday, hitting $12.00. The stock had a trading volume of 189 shares, compared to its average volume of 5,233. The company has a fifty day moving average price of $11.92 and a two-hundred day moving average price of $11.14. Inflection Point Acquisition Corp. II has a 1-year low of $10.39 and a 1-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.