Bukit Jalil Global Acquisition 1 (NASDAQ:BUJA) Shares Up 0.3% – Still a Buy?

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA) shares shot up 0.3% on Monday . The stock traded as high as $11.38 and last traded at $11.34. 4,726 shares were traded during trading, a decline of 86% from the average session volume of 34,062 shares. The stock had previously closed at $11.31.

Bukit Jalil Global Acquisition 1 Trading Up 0.3 %

The company’s 50-day moving average is $11.30 and its two-hundred day moving average is $11.11.

Hedge Funds Weigh In On Bukit Jalil Global Acquisition 1

Several institutional investors have recently added to or reduced their stakes in BUJA. Mizuho Securities USA LLC grew its position in Bukit Jalil Global Acquisition 1 by 12.4% during the fourth quarter. Mizuho Securities USA LLC now owns 443,994 shares of the company’s stock valued at $4,937,000 after buying an additional 48,994 shares during the period. Warberg Asset Management LLC grew its position in Bukit Jalil Global Acquisition 1 by 12.5% during the fourth quarter. Warberg Asset Management LLC now owns 80,787 shares of the company’s stock valued at $904,000 after buying an additional 9,000 shares during the period. Harraden Circle Investments LLC bought a new position in Bukit Jalil Global Acquisition 1 during the fourth quarter valued at about $5,506,000. Boothbay Fund Management LLC bought a new position in Bukit Jalil Global Acquisition 1 during the fourth quarter worth about $157,000. Finally, Quarry LP boosted its position in Bukit Jalil Global Acquisition 1 by 5,567.9% during the fourth quarter. Quarry LP now owns 50,898 shares of the company’s stock worth $570,000 after purchasing an additional 50,000 shares during the period. Institutional investors own 66.34% of the company’s stock.

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.