Bukit Jalil Global Acquisition 1 (NASDAQ:BUJA) Shares Down 0.2% – Here’s What Happened

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) fell 0.2% during mid-day trading on Friday . The company traded as low as $11.20 and last traded at $11.23. 457 shares changed hands during trading, a decline of 95% from the average session volume of 9,353 shares. The stock had previously closed at $11.25.

Bukit Jalil Global Acquisition 1 Trading Down 0.2 %

The stock has a fifty day moving average of $11.15 and a 200-day moving average of $10.95.

Hedge Funds Weigh In On Bukit Jalil Global Acquisition 1

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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. K2 Principal Fund L.P. purchased a new stake in Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at approximately $1,604,000. Logan Stone Capital LLC purchased a new stake in Bukit Jalil Global Acquisition 1 in the 2nd quarter valued at approximately $1,649,000. Wolverine Asset Management LLC boosted its holdings in Bukit Jalil Global Acquisition 1 by 1.1% in the 3rd quarter. Wolverine Asset Management LLC now owns 333,679 shares of the company’s stock valued at $3,640,000 after purchasing an additional 3,546 shares in the last quarter. Finally, Glazer Capital LLC boosted its holdings 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 valued at $4,359,000 after purchasing an additional 116,186 shares in the last quarter. Hedge funds and other institutional investors own 66.34% of the company’s stock.

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.