Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Sees Significant Growth in Short Interest

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 19,300 shares, a growth of 24.5% from the October 15th total of 15,500 shares. Based on an average daily trading volume, of 74,400 shares, the short-interest ratio is presently 0.3 days.

Inflection Point Acquisition Corp. II Stock Performance

Inflection Point Acquisition Corp. II stock remained flat at $0.31 on Friday. Inflection Point Acquisition Corp. II has a twelve month low of $0.04 and a twelve month high of $0.35. The stock has a fifty day moving average of $0.21 and a two-hundred day moving average of $0.15.

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.