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

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 19,600 shares, an increase of 19.5% from the August 31st total of 16,400 shares. Based on an average daily volume of 96,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Inflection Point Acquisition Corp. II

Hedge funds and other institutional investors have recently modified their holdings of the company. Shaolin Capital Management LLC bought a new stake in shares of Inflection Point Acquisition Corp. II in the second quarter worth about $6,229,000. Berkley W R Corp lifted its holdings in Inflection Point Acquisition Corp. II by 636.0% in the 2nd quarter. Berkley W R Corp now owns 1,095,681 shares of the company’s stock worth $11,614,000 after buying an additional 946,805 shares during the period. Cowen AND Company LLC grew its position in shares of Inflection Point Acquisition Corp. II by 55.2% in the 2nd quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock worth $4,303,000 after buying an additional 144,367 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in shares of Inflection Point Acquisition Corp. II by 20,059.0% during the second quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after acquiring an additional 460,554 shares in the last quarter. Finally, Picton Mahoney Asset Management raised its holdings in shares of Inflection Point Acquisition Corp. II by 28.6% during the second quarter. Picton Mahoney Asset Management now owns 1,125,000 shares of the company’s stock valued at $11,925,000 after acquiring an additional 250,000 shares in the last quarter.

Inflection Point Acquisition Corp. II Stock Down 0.2 %

Shares of NASDAQ IPXX traded down $0.03 during mid-day trading on Monday, hitting $10.74. The stock had a trading volume of 9,161 shares, compared to its average volume of 131,388. The business has a 50 day moving average price of $10.69 and a two-hundred day moving average price of $10.59. Inflection Point Acquisition Corp. II has a 1 year low of $10.21 and a 1 year high of $11.00.

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.