Inflection Point Acquisition Corp. (NASDAQ:IPAXW – Get Rating) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 2,900 shares, a growth of 866.7% from the September 30th total of 300 shares. Based on an average daily trading volume, of 74,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IPAXW. P Schoenfeld Asset Management LP purchased a new stake in Inflection Point Acquisition during the 1st quarter worth about $670,000. Calamos Advisors LLC purchased a new stake in Inflection Point Acquisition during the 3rd quarter worth about $100,000. Finally, JPMorgan Chase & Co. purchased a new stake in Inflection Point Acquisition during the 1st quarter worth about $26,000.

Inflection Point Acquisition Price Performance

NASDAQ:IPAXW opened at $0.24 on Friday. Inflection Point Acquisition has a 52-week low of $0.08 and a 52-week high of $0.79. The stock's fifty day moving average price is $0.23.

Read More

• Get a free copy of the StockNews.com research report on Inflection Point Acquisition (IPAXW)
• The Institutions Box Up Dividend Growth with These Cheap Stocks
• Be Sure You Own United Parcel Service for the Right Reasons
• Strong Fundamentals Make Bristol Myers Squibb Stock a Real Value
• 3 Roughed-Up Dividend Aristocrats with Good Long-Term Prospects
• Sell-Siders See Value in Highly Valued Chipotle Stock

Receive News & Ratings for Inflection Point Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inflection Point Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.