Centurion Acquisition Corp. (NASDAQ:ALFUW) Sees Large Increase in Short Interest

by · The Cerbat Gem

Centurion Acquisition Corp. (NASDAQ:ALFUW – Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,092 shares, an increase of 34.2% from the December 15th total of 814 shares. Based on an average daily volume of 1,974 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 1,974 shares, the short-interest ratio is presently 0.6 days.

Centurion Acquisition Stock Down 1.4%

ALFUW opened at $0.27 on Monday. Centurion Acquisition has a fifty-two week low of $0.12 and a fifty-two week high of $0.54. The business has a 50-day moving average of $0.32 and a 200-day moving average of $0.32.

Centurion Acquisition Corp. (NASDAQ: ALFUW) is a special purpose acquisition company formed in 2021 with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Incorporated in Delaware, the company raises investment capital through its public listing, with units typically comprising shares and warrants. To date, Centurion Acquisition has not generated operating revenues and remains focused on identifying a suitable business combination target.

As a blank‐check company, Centurion Acquisition seeks opportunities across a range of industries, with particular interest in sectors demonstrating robust growth potential.

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