Short Interest in Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Rises By 24.5%

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 19,300 shares, a growth of 24.5% from the October 15th total of 15,500 shares. Based on an average daily volume of 74,400 shares, the days-to-cover ratio is currently 0.3 days.

Inflection Point Acquisition Corp. II Price Performance

NASDAQ:IPXXW remained flat at $0.31 during mid-day trading on Friday. The firm has a 50 day moving average of $0.21 and a two-hundred day moving average of $0.15. Inflection Point Acquisition Corp. II has a 1 year low of $0.04 and a 1 year high of $0.35.

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.