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

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 400 shares, an increase of 300.0% from the October 15th total of 100 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Bukit Jalil Global Acquisition 1

Several institutional investors have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in shares of Bukit Jalil Global Acquisition 1 during the 1st quarter valued at about $117,000. Spartan Fund Management Inc. boosted its holdings 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 valued at $273,000 after purchasing an additional 25,000 shares in the last quarter. Whitebox Advisors LLC purchased a new stake in shares of Bukit Jalil Global Acquisition 1 during the 1st quarter worth $525,000. K2 Principal Fund L.P. purchased a new position in shares of Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at about $1,604,000. Finally, Logan Stone Capital LLC purchased a new stake in shares of Bukit Jalil Global Acquisition 1 during the 2nd quarter worth approximately $1,649,000. Institutional investors and hedge funds own 66.34% of the company’s stock.

Bukit Jalil Global Acquisition 1 Stock Performance

NASDAQ:BUJA remained flat at $10.99 during midday trading on Thursday. The company’s 50 day moving average price is $10.91 and its 200 day moving average price is $10.78. Bukit Jalil Global Acquisition 1 has a fifty-two week low of $10.31 and a fifty-two week high of $12.18.

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.