2 weeks Ago By Defense World Staff
Inflection Point Acquisition Corp. II ( NASDAQ:IPXX – Get Free Report ) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 19,600 shares, an increase of 19.
5% from the August 31st total of 16,400 shares. Currently, 0.1% of the shares of the company are sold short.
Based on an average trading volume of 96,100 shares, the short-interest ratio is currently 0.2 days. Inflection Point Acquisition Corp.
II Trading Down 0.2 % Shares of NASDAQ:IPXX traded down $0.03 during mid-day trading on Monday, reaching $10.
74. The company had a trading volume of 9,161 shares, compared to its average volume of 131,388. Inflection Point Acquisition Corp.
II has a one year low of $10.21 and a one year high of $11.00.
The company’s 50-day moving average price is $10.69 and its 200-day moving average price is $10.59.
Hedge Funds Weigh In On Inflection Point Acquisition Corp. II Hedge funds have recently made changes to their positions in the stock. Bulldog Investors LLP increased its holdings in Inflection Point Acquisition Corp.
II by 290.5% during the 4th quarter. Bulldog Investors LLP now owns 567,297 shares of the company’s stock worth $5,860,000 after acquiring an additional 422,021 shares during the period.
Karpus Management Inc. grew its holdings in shares of Inflection Point Acquisition Corp. II by 12.
3% during the fourth quarter. Karpus Management Inc. now owns 1,134,300 shares of the company’s stock worth $11,717,000 after purchasing an additional 124,200 shares in the last quarter.
Virtu Financial LLC bought a new position in shares of Inflection Point Acquisition Corp. II in the first quarter worth approximately $720,000. Cowen AND Company LLC increased its position in shares of Inflection Point Acquisition Corp.
II by 55.2% in the second quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock worth $4,303,000 after purchasing an additional 144,367 shares during the last quarter.
Finally, Wolverine Asset Management LLC raised its stake in Inflection Point Acquisition Corp. II by 20,059.0% in the second quarter.
Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after purchasing an additional 460,554 shares in the last quarter. 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.
Read More Five stocks we like better than Inflection Point Acquisition Corp. II Consumer Discretionary Stocks Explained TJX Stock: A Buying Opportunity Before the Holiday Rush Investing In Automotive Stocks Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge How to Know if a Stock Pays Dividends and When They Are Paid Out Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for Inflection Point Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inflection Point Acquisition Corp.
II and related companies with MarketBeat.com's FREE daily email newsletter ..
