Bukit Jalil Global Acquisition 1 (NASDAQ:BUJA) Shares Down 0.2% – Here’s What Happened

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) shares dropped 0.2% during trading on Friday . The company traded as low as $11.20 and last traded at $11.23. Approximately 457 shares traded hands during trading, a decline of 95% from the average daily volume of 9,353 shares. The stock had previously closed at $11.25.

Bukit Jalil Global Acquisition 1 Trading Down 0.2 %

The stock has a 50-day moving average price of $11.15 and a 200 day moving average price of $10.95.

Institutional Trading of Bukit Jalil Global Acquisition 1

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wolverine Asset Management LLC increased its position in shares of Bukit Jalil Global Acquisition 1 by 1.1% during the third quarter. Wolverine Asset Management LLC now owns 333,679 shares of the company’s stock worth $3,640,000 after purchasing an additional 3,546 shares in the last quarter. Spartan Fund Management Inc. grew its holdings in shares of Bukit Jalil Global Acquisition 1 by 227,272.7% during the third quarter. Spartan Fund Management Inc. now owns 25,011 shares of the company’s stock worth $273,000 after buying an additional 25,000 shares during the last quarter. Glazer Capital LLC grew its holdings in shares of Bukit Jalil Global Acquisition 1 by 39.8% during the second quarter. Glazer Capital LLC now owns 407,764 shares of the company’s stock worth $4,359,000 after buying an additional 116,186 shares during the last quarter. K2 Principal Fund L.P. purchased a new position in shares of Bukit Jalil Global Acquisition 1 during the second quarter worth about $1,604,000. Finally, Logan Stone Capital LLC purchased a new position in shares of Bukit Jalil Global Acquisition 1 during the second quarter worth about $1,649,000. Institutional investors and hedge funds own 66.34% of the company’s stock.

Bukit Jalil Global Acquisition 1 Company Profile

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.