Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Short Interest Update

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 1,100 shares, a drop of 50.0% from the May 15th total of 2,200 shares. Based on an average trading volume of 23,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Bukit Jalil Global Acquisition 1 Price Performance

Shares of NASDAQ BUJA traded down $0.01 during mid-day trading on Friday, hitting $10.64. 7,510 shares of the company were exchanged, compared to its average volume of 20,720. The stock has a 50 day simple moving average of $10.60 and a 200-day simple moving average of $10.49. Bukit Jalil Global Acquisition 1 has a 1-year low of $10.15 and a 1-year high of $10.80.

Institutional Investors Weigh In On Bukit Jalil Global Acquisition 1

Several hedge funds have recently modified their holdings of BUJA. Karpus Management Inc. acquired a new stake in shares of Bukit Jalil Global Acquisition 1 during the third quarter worth $5,933,000. MMCAP International Inc. SPC acquired a new stake in shares of Bukit Jalil Global Acquisition 1 during the third quarter worth $2,588,000. ATW Spac Management LLC acquired a new stake in shares of Bukit Jalil Global Acquisition 1 during the third quarter worth $1,790,000. Shaolin Capital Management LLC acquired a new stake in Bukit Jalil Global Acquisition 1 in the third quarter valued at $2,070,000. Finally, TrueMark Investments LLC acquired a new stake in Bukit Jalil Global Acquisition 1 in the fourth quarter valued at $240,000. 66.34% of the stock is owned by institutional investors and hedge funds.

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.