Short Interest in Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) Decreases By 83.3%

Posted by Stacy Sanders on Jul 25th, 2024

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA – Get Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a drop of 83.3% from the June 30th total of 600 shares. Based on an average daily volume of 25,500 shares, the short-interest ratio is presently 0.0 days.

Bukit Jalil Global Acquisition 1 Price Performance

Shares of NASDAQ BUJA remained flat at $10.71 during midday trading on Thursday. 119 shares of the stock were exchanged, compared to its average volume of 9,301. Bukit Jalil Global Acquisition 1 has a 12 month low of $10.15 and a 12 month high of $11.96. The stock has a fifty day simple moving average of $10.68 and a 200 day simple moving average of $10.56.

Hedge Funds Weigh In On Bukit Jalil Global Acquisition 1

Large investors have recently modified their holdings of the stock. Kim LLC grew its stake in Bukit Jalil Global Acquisition 1 by 65.0% during the fourth quarter. Kim LLC now owns 330,000 shares of the company’s stock worth $3,439,000 after buying an additional 130,000 shares in the last quarter. Wolverine Asset Management LLC bought a new position in Bukit Jalil Global Acquisition 1 in the 4th quarter valued at approximately $774,000. Glazer Capital LLC raised its holdings in Bukit Jalil Global Acquisition 1 by 16.6% in the 4th quarter. Glazer Capital LLC now owns 290,623 shares of the company’s stock valued at $3,020,000 after buying an additional 41,323 shares during the last quarter. Bulldog Investors LLP raised its holdings in Bukit Jalil Global Acquisition 1 by 130.6% in the 4th quarter. Bulldog Investors LLP now owns 112,867 shares of the company’s stock valued at $1,173,000 after buying an additional 63,913 shares during the last quarter. Finally, Evercore Wealth Management LLC bought a new position in Bukit Jalil Global Acquisition 1 in the 4th quarter valued at approximately $119,000. 66.34% of the stock is owned by institutional investors.

About Bukit Jalil Global Acquisition 1

(Get Free Report)

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.