Short Interest in Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Expands By 300.0%

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 400 shares, a growth of 300.0% from the October 15th total of 100 shares. Based on an average trading volume of 10,200 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Bukit Jalil Global Acquisition 1 Stock Performance

Shares of Bukit Jalil Global Acquisition 1 stock remained flat at $10.99 during trading hours on Tuesday. Bukit Jalil Global Acquisition 1 has a 1-year low of $10.31 and a 1-year high of $12.18. The stock has a 50-day simple moving average of $10.91 and a two-hundred day simple moving average of $10.77.

Institutional Trading of Bukit Jalil Global Acquisition 1

A number of institutional investors and hedge funds have recently modified their holdings of BUJA. Whitebox Advisors LLC bought a new position in shares of Bukit Jalil Global Acquisition 1 during the first quarter worth about $525,000. Virtu Financial LLC bought a new stake in shares of Bukit Jalil Global Acquisition 1 in the first quarter worth $117,000. Wolverine Asset Management LLC raised its position 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 valued at $3,529,000 after purchasing an additional 250,116 shares during the period. 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 valued at $4,359,000 after acquiring an additional 116,186 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new position in shares of Bukit Jalil Global Acquisition 1 during the 2nd quarter valued at about $1,604,000. 66.34% of the stock is owned by institutional investors.

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.