Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Short Interest Up 400.0% in January

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 39,500 shares, a growth of 400.0% from the January 15th total of 7,900 shares. Based on an average daily trading volume, of 95,400 shares, the days-to-cover ratio is presently 0.4 days.

Inflection Point Acquisition Corp. II Trading Down 1.4 %

IPXXW traded down $0.02 during trading on Wednesday, hitting $1.41. The company’s stock had a trading volume of 47,084 shares, compared to its average volume of 132,510. The firm’s 50 day moving average price is $0.70 and its two-hundred day moving average price is $0.38. Inflection Point Acquisition Corp. II has a 12 month low of $0.08 and a 12 month high of $1.51.

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.