Inflection Point Acquisition Corp. VI (NASDAQ:IPFX) Sees Significant Increase in Short Interest

Inflection Point Acquisition Corp. VI (NASDAQ:IPFXGet Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 81,154 shares, an increase of 137.9% from the July 15th total of 34,118 shares. Based on an average daily trading volume, of 146,453 shares, the days-to-cover ratio is currently 0.6 days.

Inflection Point Acquisition Corp. VI Price Performance

IPFX stock traded up $0.03 during trading hours on Friday, hitting $10.15. 63,309 shares of the stock were exchanged, compared to its average volume of 240,306. Inflection Point Acquisition Corp. VI has a 12 month low of $9.95 and a 12 month high of $11.02. The firm has a 50-day moving average price of $10.30.

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