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

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,100 shares, a growth of 110.0% from the November 30th total of 1,000 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is currently 0.3 days.

Bukit Jalil Global Acquisition 1 Price Performance

NASDAQ BUJA remained flat at $11.20 on Friday. Bukit Jalil Global Acquisition 1 has a 1 year low of $10.36 and a 1 year high of $12.18. The business has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $10.89.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in BUJA. 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 during the period. K2 Principal Fund L.P. purchased a new position in shares of Bukit Jalil Global Acquisition 1 during the second quarter valued at $1,604,000. Logan Stone Capital LLC acquired a new position in Bukit Jalil Global Acquisition 1 during the second quarter valued at $1,649,000. Wolverine Asset Management LLC lifted 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 acquiring an additional 250,116 shares in the last quarter. Finally, Glazer Capital LLC boosted its position in 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 during the period. 66.34% of the stock is owned by hedge funds and other institutional investors.

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.