Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA - Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,100 shares, an increase of 110.0% from the November 30th total of 1,000 shares. Currently, 0.1% of the company's shares are short sold. Based on an average trading volume of 6,500 shares, the short-interest ratio is presently 0.3 days.
Bukit Jalil Global Acquisition 1 Price Performance
Shares of NASDAQ:BUJA remained flat at $11.20 during trading on Friday. The stock has a 50-day moving average of $11.07 and a 200 day moving average of $10.89. Bukit Jalil Global Acquisition 1 has a one year low of $10.36 and a one year high of $12.18.
Institutional Trading of Bukit Jalil Global Acquisition 1
A number of institutional investors have recently bought and sold shares of BUJA. Spartan Fund Management Inc. lifted its stake in Bukit Jalil Global Acquisition 1 by 227,272.7% in the third quarter. Spartan Fund Management Inc. now owns 25,011 shares of the company's stock worth $273,000 after purchasing an additional 25,000 shares during the last quarter. K2 Principal Fund L.P. purchased a new stake in Bukit Jalil Global Acquisition 1 in the second quarter worth about $1,604,000. Logan Stone Capital LLC purchased a new position in Bukit Jalil Global Acquisition 1 during the 2nd quarter valued at about $1,649,000. Wolverine Asset Management LLC raised its holdings in shares of 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 purchasing an additional 250,116 shares in the last quarter. Finally, Glazer Capital LLC lifted its position in shares of 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 worth $4,359,000 after purchasing an additional 116,186 shares during the period. 66.34% of the stock is currently owned by institutional investors.
Bukit Jalil Global Acquisition 1 Company Profile
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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.
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