Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Short Interest Up 6,900.0% in December

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 21,000 shares, an increase of 6,900.0% from the November 30th total of 300 shares. Based on an average daily volume of 131,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Inflection Point Acquisition Corp. II Stock Down 0.3 %

NASDAQ:IPXX opened at $11.41 on Friday. Inflection Point Acquisition Corp. II has a twelve month low of $10.32 and a twelve month high of $15.18. The stock’s 50-day simple moving average is $11.15 and its 200 day simple moving average is $10.84.

Institutional Investors Weigh In On Inflection Point Acquisition Corp. II

Hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC lifted its stake in Inflection Point Acquisition Corp. II by 62.4% in the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock valued at $268,000 after purchasing an additional 9,596 shares during the last quarter. Cowen AND Company LLC lifted its stake in shares of Inflection Point Acquisition Corp. II by 55.2% in the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock valued at $4,303,000 after acquiring an additional 144,367 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after acquiring an additional 460,554 shares in the last quarter. Shaolin Capital Management LLC acquired a new stake in shares of Inflection Point Acquisition Corp. II during the 2nd quarter valued at $6,229,000. Finally, Centiva Capital LP grew 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 acquiring an additional 384,645 shares during the last quarter.

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.