Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Rises By 148.3%

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 37,500 shares, a growth of 148.3% from the September 15th total of 15,100 shares. Based on an average daily volume of 73,300 shares, the days-to-cover ratio is presently 0.5 days.

Inflection Point Acquisition Corp. II Stock Performance

IPXXW opened at $0.17 on Friday. Inflection Point Acquisition Corp. II has a 52-week low of $0.04 and a 52-week high of $0.48. The company has a 50 day moving average of $0.18 and a two-hundred day moving average of $0.14.

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.