Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Sees Significant Growth in Short Interest

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 1,000 shares, a growth of 150.0% from the November 15th total of 400 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Bukit Jalil Global Acquisition 1

Institutional investors have recently modified their holdings of the company. Wolverine Asset Management LLC boosted its stake in 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 worth $3,529,000 after purchasing an additional 250,116 shares in the last quarter. Glazer Capital LLC boosted its stake in 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 in the last quarter. K2 Principal Fund L.P. acquired a new stake in Bukit Jalil Global Acquisition 1 in the 2nd quarter worth approximately $1,604,000. Logan Stone Capital LLC acquired a new stake in Bukit Jalil Global Acquisition 1 in the 2nd quarter worth approximately $1,649,000. Finally, Spartan Fund Management Inc. boosted its stake in Bukit Jalil Global Acquisition 1 by 227,272.7% in the 3rd 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. 66.34% of the stock is currently owned by institutional investors.

Bukit Jalil Global Acquisition 1 Stock Performance

Shares of NASDAQ:BUJA remained flat at $11.20 during trading on Wednesday. 104 shares of the stock were exchanged, compared to its average volume of 35,131. Bukit Jalil Global Acquisition 1 has a twelve month low of $10.36 and a twelve month high of $12.18. The stock has a 50 day moving average of $11.01 and a 200-day moving average of $10.85.

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.