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

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA)’s share price traded up 0.2% during trading on Wednesday . The company traded as high as $11.30 and last traded at $11.32. 47,800 shares traded hands during mid-day trading, an increase of 617% from the average session volume of 6,663 shares. The stock had previously closed at $11.30.

Bukit Jalil Global Acquisition 1 Price Performance

The business has a 50-day moving average of $11.22 and a 200 day moving average of $11.02.

Institutional Trading of Bukit Jalil Global Acquisition 1

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC boosted its stake in shares of Bukit Jalil Global Acquisition 1 by 12.4% in the 4th quarter. Mizuho Securities USA LLC now owns 443,994 shares of the company’s stock worth $4,937,000 after buying an additional 48,994 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of Bukit Jalil Global Acquisition 1 by 1.1% in the third quarter. Wolverine Asset Management LLC now owns 333,679 shares of the company’s stock worth $3,640,000 after acquiring an additional 3,546 shares during the period. Finally, Spartan Fund Management Inc. boosted its stake in Bukit Jalil Global Acquisition 1 by 227,272.7% during the third quarter. Spartan Fund Management Inc. now owns 25,011 shares of the company’s stock valued at $273,000 after buying an additional 25,000 shares during the period. 66.34% of the stock is owned by 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.