Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 4,200 shares, an increase of 55.6% from the March 15th total of 2,700 shares. Based on an average trading volume of 87,800 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Inflection Point Acquisition Corp. II Price Performance
NASDAQ IPXX remained flat at $10.51 during trading hours on Friday. 10,880 shares of the company were exchanged, compared to its average volume of 82,293. Inflection Point Acquisition Corp. II has a one year low of $10.07 and a one year high of $10.54. The business's 50-day simple moving average is $10.45 and its 200-day simple moving average is $10.35.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of IPXX. Wealthspring Capital LLC purchased a new position in Inflection Point Acquisition Corp. II during the 3rd quarter valued at about $255,000. Gritstone Asset Management LLC purchased a new position in Inflection Point Acquisition Corp. II in the third quarter worth about $1,584,000. Spartan Fund Management Inc. purchased a new position in Inflection Point Acquisition Corp. II in the third quarter worth about $763,000. Deltec Asset Management LLC purchased a new position in Inflection Point Acquisition Corp. II in the third quarter worth about $511,000. Finally, Picton Mahoney Asset Management purchased a new position in Inflection Point Acquisition Corp. II in the third quarter worth about $2,555,000.
Inflection Point Acquisition Corp. II Company Profile
(
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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.
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