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Rivernorth Capital Management LLC Sells 52,000 Shares of Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA)

Bukit Jalil Global Acquisition 1 logo with Unclassified background

Rivernorth Capital Management LLC lessened its stake in Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA - Free Report) by 72.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,934 shares of the company's stock after selling 52,000 shares during the period. Rivernorth Capital Management LLC owned about 0.40% of Bukit Jalil Global Acquisition 1 worth $217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wolverine Asset Management LLC raised its stake in Bukit Jalil Global Acquisition 1 by 312.6% during the second quarter. Wolverine Asset Management LLC now owns 330,133 shares of the company's stock worth $3,529,000 after buying an additional 250,116 shares during the last quarter. Glazer Capital LLC raised 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 acquiring an additional 116,186 shares in the last quarter. K2 Principal Fund L.P. acquired a new position in shares of Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at about $1,604,000. Spartan Fund Management Inc. boosted its position in shares of Bukit Jalil Global Acquisition 1 by 227,272.7% during the 3rd quarter. Spartan Fund Management Inc. now owns 25,011 shares of the company's stock valued at $273,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Logan Stone Capital LLC acquired a new stake in Bukit Jalil Global Acquisition 1 during the second quarter worth approximately $1,649,000. Institutional investors and hedge funds own 66.34% of the company's stock.

Bukit Jalil Global Acquisition 1 Stock Performance

BUJA remained flat at $11.20 during trading on Friday. The company's stock had a trading volume of 16 shares, compared to its average volume of 14,236. Bukit Jalil Global Acquisition 1 Ltd has a 12-month low of $10.36 and a 12-month high of $12.18. The business's fifty day simple moving average is $11.03 and its two-hundred day simple moving average is $10.86.

Bukit Jalil Global Acquisition 1 Company Profile

(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.

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Institutional Ownership by Quarter for Bukit Jalil Global Acquisition 1 (NASDAQ:BUJA)

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