Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Increases By 251.4%

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 36,900 shares, a growth of 251.4% from the January 31st total of 10,500 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 13,900 shares, the short-interest ratio is currently 2.7 days.

Institutional Trading of Inflection Point Acquisition Corp. II

Several institutional investors have recently modified their holdings of IPXX. Geode Capital Management LLC boosted its position in Inflection Point Acquisition Corp. II by 62.4% during the third quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock worth $268,000 after acquiring an additional 9,596 shares during the last quarter. Centiva Capital LP boosted its position in 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 worth $6,816,000 after acquiring an additional 384,645 shares during the last quarter. Newtyn Management LLC acquired a new position in Inflection Point Acquisition Corp. II during the fourth quarter worth about $8,036,000. Harraden Circle Investments LLC acquired a new position in Inflection Point Acquisition Corp. II during the fourth quarter worth about $8,036,000. Finally, Decagon Asset Management LLP acquired a new position in Inflection Point Acquisition Corp. II during the fourth quarter worth about $8,724,000.

Analyst Upgrades and Downgrades

Separately, Benchmark raised shares of Inflection Point Acquisition Corp. II to a “strong-buy” rating in a report on Thursday.

Inflection Point Acquisition Corp. II Stock Up 0.6 %

IPXX traded up $0.07 on Friday, reaching $11.13. The stock had a trading volume of 5,852 shares, compared to its average volume of 119,266. The business’s 50-day moving average price is $12.02 and its two-hundred day moving average price is $11.31. Inflection Point Acquisition Corp. II has a 12-month low of $10.44 and a 12-month 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.