Short Interest in Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Expands By 110.0%

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the recipient of a large increase in short interest in 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. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Bukit Jalil Global Acquisition 1 Price Performance

BUJA stock remained flat at $11.20 during trading hours on Friday. The company had a trading volume of 50 shares, compared to its average volume of 35,131. The firm has a 50 day moving average of $11.07 and a 200-day moving average of $10.90. 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

Several large investors have recently made changes to their positions in the business. Wolverine Asset Management LLC raised its holdings in shares of Bukit Jalil Global Acquisition 1 by 1.1% in the 3rd 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 position 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 buying an additional 25,000 shares during the last quarter. Logan Stone Capital LLC bought a new position in shares of Bukit Jalil Global Acquisition 1 in the second quarter valued at $1,649,000. K2 Principal Fund L.P. acquired a new stake in shares of Bukit Jalil Global Acquisition 1 during the 2nd quarter valued at $1,604,000. Finally, Glazer Capital LLC boosted its stake in shares of Bukit Jalil Global Acquisition 1 by 39.8% during 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. Institutional investors own 66.34% of the company’s stock.

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.