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

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

Institutional Trading of Inflection Point Acquisition Corp. II

Hedge funds have recently bought and sold shares of the stock. Westchester Capital Management LLC lifted its position in shares of Inflection Point Acquisition Corp. II by 7.6% in the 3rd quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock worth $26,504,000 after acquiring an additional 175,000 shares during the period. Mizuho Securities USA LLC raised its stake in shares of Inflection Point Acquisition Corp. II by 42.4% in the third quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock valued at $21,441,000 after purchasing an additional 595,250 shares in the last quarter. Berkley W R Corp lifted its position in Inflection Point Acquisition Corp. II by 10.0% in the third quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock worth $12,955,000 after purchasing an additional 109,450 shares during the period. Picton Mahoney Asset Management boosted its stake in 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 worth $11,925,000 after buying an additional 250,000 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its holdings in Inflection Point Acquisition Corp. II by 111.7% in the 3rd quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock valued at $10,534,000 after buying an additional 517,067 shares during the period.

Inflection Point Acquisition Corp. II Trading Down 10.9 %

Shares of Inflection Point Acquisition Corp. II stock traded down $1.51 during midday trading on Wednesday, hitting $12.35. The company had a trading volume of 22,098 shares, 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 business’s 50 day simple moving average is $10.93 and its two-hundred day simple moving average is $10.75.

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.