Shares of Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA - Get Free Report) were up 0.2% during trading on Wednesday . The stock traded as high as $11.30 and last traded at $11.32. Approximately 47,800 shares were traded during mid-day trading, an increase of 617% from the average daily volume of 6,663 shares. The stock had previously closed at $11.30.
Bukit Jalil Global Acquisition 1 Price Performance
The company has a 50 day moving average of $11.23 and a 200 day moving average of $11.03.
Institutional Trading of Bukit Jalil Global Acquisition 1
Institutional investors have recently bought and sold shares of the stock. Boothbay Fund Management LLC acquired a new position in Bukit Jalil Global Acquisition 1 in the fourth quarter worth $157,000. Spartan Fund Management Inc. boosted 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 in the last quarter. Quarry LP boosted its stake in Bukit Jalil Global Acquisition 1 by 5,567.9% in the fourth quarter. Quarry LP now owns 50,898 shares of the company's stock worth $570,000 after purchasing an additional 50,000 shares in the last quarter. Warberg Asset Management LLC boosted its stake in Bukit Jalil Global Acquisition 1 by 12.5% in the fourth quarter. Warberg Asset Management LLC now owns 80,787 shares of the company's stock worth $904,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in Bukit Jalil Global Acquisition 1 by 1.1% in 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. Institutional investors and hedge funds own 66.34% of the company's stock.
About Bukit Jalil Global Acquisition 1
(
Get Free Report)
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.
Further Reading
Before you consider Bukit Jalil Global Acquisition 1, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bukit Jalil Global Acquisition 1 wasn't on the list.
While Bukit Jalil Global Acquisition 1 currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
