Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Short Interest Update

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 1,000 shares, an increase of 150.0% from the November 15th total of 400 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 0.1 days.

Bukit Jalil Global Acquisition 1 Price Performance

Shares of Bukit Jalil Global Acquisition 1 stock remained flat at $11.20 during trading on Friday. 2 shares of the stock were exchanged, compared to its average volume of 14,236. The stock has a fifty day moving average price of $11.02 and a 200-day moving average price of $10.85. Bukit Jalil Global Acquisition 1 has a fifty-two week low of $10.36 and a fifty-two week high of $12.18.

Hedge Funds Weigh In On Bukit Jalil Global Acquisition 1

A number of institutional investors have recently modified their holdings of BUJA. Spartan Fund Management Inc. increased its holdings in shares of Bukit Jalil Global Acquisition 1 by 227,272.7% in the 3rd quarter. Spartan Fund Management Inc. now owns 25,011 shares of the company’s stock valued at $273,000 after acquiring an additional 25,000 shares during the period. K2 Principal Fund L.P. acquired a new position in Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at $1,604,000. Logan Stone Capital LLC acquired a new position in Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at $1,649,000. Wolverine Asset Management LLC increased its stake in Bukit Jalil Global Acquisition 1 by 312.6% in the 2nd quarter. Wolverine Asset Management LLC now owns 330,133 shares of the company’s stock valued at $3,529,000 after buying an additional 250,116 shares during the period. Finally, Glazer Capital LLC increased its stake in Bukit Jalil Global Acquisition 1 by 39.8% in the 2nd quarter. Glazer Capital LLC now owns 407,764 shares of the company’s stock valued at $4,359,000 after buying an additional 116,186 shares during the period. 66.34% of the stock is owned by institutional investors and hedge funds.

About Bukit Jalil Global Acquisition 1

Bukit Jalil Global Acquisition 1 Ltd operates a blank check company that intends to effect into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Kuala Lumpur, Malaysia.