Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Drops By 40.2%

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 20,100 shares, a decrease of 40.2% from the February 13th total of 33,600 shares. Based on an average daily volume of 107,700 shares, the short-interest ratio is currently 0.2 days.

Inflection Point Acquisition Corp. II Trading Up 28.5 %

IPXXW traded up $0.31 on Friday, hitting $1.38. 241,954 shares of the company were exchanged, compared to its average volume of 81,038. The business’s fifty day moving average is $1.05 and its 200 day moving average is $0.56. Inflection Point Acquisition Corp. II has a fifty-two week low of $0.08 and a fifty-two week high of $1.64.

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.