Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Short Interest Update

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 34,000 shares, an increase of 109.9% from the December 31st total of 16,200 shares. Based on an average daily volume of 59,800 shares, the short-interest ratio is presently 0.6 days.

Inflection Point Acquisition Corp. II Price Performance

NASDAQ:IPXXW opened at $0.87 on Wednesday. The business’s 50-day simple moving average is $0.54 and its two-hundred day simple moving average is $0.31. Inflection Point Acquisition Corp. II has a 52 week low of $0.08 and a 52 week high of $1.00.

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.