Tue Oct 01 04:02:59 UTC 2024: ## Short Interest Rises for Inflection Point Acquisition Corp. II (IPXX)

**New York, NY – October 1, 2024** – Inflection Point Acquisition Corp. II (NASDAQ: IPXX) saw a notable increase in short interest during September. Short interest climbed 19.5% to 19,600 shares as of September 15th, up from 16,400 shares on August 31st. This equates to 0.1% of the company’s shares being sold short, with a days-to-cover ratio of 0.2 days based on an average daily volume of 96,100 shares.

Meanwhile, institutional investors have been making moves in IPXX. Shaolin Capital Management LLC established a new position in the second quarter, worth approximately $6,229,000. Berkley W R Corp significantly boosted their holdings by 636.0% in the same period, now owning 1,095,681 shares valued at $11,614,000. Cowen AND Company LLC and Wolverine Asset Management LLC also increased their positions during the quarter, while Picton Mahoney Asset Management saw a 28.6% growth in their holdings.

IPXX shares dipped slightly on Monday, closing at $10.74 after trading down $0.03. The stock traded 9,161 shares, lower than its average volume of 131,388. The company’s 50-day moving average price is $10.69, and its 200-day moving average price is $10.59. IPXX has a 1-year low of $10.21 and a 1-year high of $11.00.

Inflection Point Acquisition Corp. II is a special purpose acquisition company (SPAC) that currently lacks significant operations. The company aims to merge with or acquire one or more businesses. Founded in 2023, IPXX is headquartered in New York City.

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