Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Declines By 90.3%

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 300 shares, a drop of 90.3% from the November 15th total of 3,100 shares. Based on an average daily volume of 137,400 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Inflection Point Acquisition Corp. II

Several institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC lifted its holdings in shares of 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 valued at $268,000 after acquiring an additional 9,596 shares during the period. Centiva Capital LP increased its position in shares of 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 purchasing an additional 384,645 shares in the last quarter. Berkley W R Corp lifted its holdings in Inflection Point Acquisition Corp. II by 10.0% during the 3rd quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock valued at $12,955,000 after purchasing an additional 109,450 shares during the last quarter. Westchester Capital Management LLC boosted its position in Inflection Point Acquisition Corp. II by 7.6% in the third quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock valued at $26,504,000 after buying an additional 175,000 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its stake in Inflection Point Acquisition Corp. II by 42.4% during the third quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock worth $21,441,000 after buying an additional 595,250 shares during the last quarter.

Inflection Point Acquisition Corp. II Stock Down 10.9 %

NASDAQ IPXX traded down $1.51 during trading on Wednesday, reaching $12.35. 22,098 shares of the company traded hands, compared to its average volume of 137,732. Inflection Point Acquisition Corp. II has a 1-year low of $10.30 and a 1-year high of $15.18. The stock’s 50 day moving average price is $10.93 and its two-hundred day moving average price is $10.75.

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.