Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) Sees Large Decrease in Short Interest

Inflection Point Acquisition Corp. II (NASDAQ:IPXXW) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 16,200 shares, a decline of 8.0% from the November 30th total of 17,600 shares. Based on an average daily trading volume, of 48,700 shares, the short-interest ratio is presently 0.3 days.

Inflection Point Acquisition Corp. II Stock Down 2.0 %

IPXXW opened at $0.49 on Wednesday. The stock’s 50 day moving average price is $0.36 and its 200-day moving average price is $0.23. Inflection Point Acquisition Corp. II has a one year low of $0.08 and a one year high of $0.77.

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.