Bukit Jalil Global Acquisition 1 (NASDAQ:BUJA) Stock Price Down 0.1%

Bukit Jalil Global Acquisition 1 Ltd (NASDAQ:BUJA)’s share price dropped 0.1% during trading on Wednesday . The stock traded as low as $10.56 and last traded at $10.56. Approximately 1,730 shares changed hands during trading, a decline of 96% from the average daily volume of 46,576 shares. The stock had previously closed at $10.57.

Bukit Jalil Global Acquisition 1 Stock Performance

The company’s 50-day simple moving average is $10.50 and its 200 day simple moving average is $10.42.

Institutional Investors Weigh In On Bukit Jalil Global Acquisition 1

A number of hedge funds have recently modified their holdings of BUJA. Wealthspring Capital LLC bought a new stake in shares of Bukit Jalil Global Acquisition 1 in the 3rd quarter worth approximately $151,000. Schechter Investment Advisors LLC bought a new stake in Bukit Jalil Global Acquisition 1 during the 3rd quarter valued at $521,000. Westchester Capital Management LLC bought a new stake in Bukit Jalil Global Acquisition 1 during the 3rd quarter valued at $1,542,000. Mizuho Securities USA LLC bought a new stake in Bukit Jalil Global Acquisition 1 during the 3rd quarter valued at $2,543,000. Finally, Cowen AND Company LLC bought a new stake in Bukit Jalil Global Acquisition 1 during the 3rd quarter valued at $1,219,000. 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.