Short Interest in Centurion Acquisition Corp. (NASDAQ:ALFUW) Increases By 34.2%

Centurion Acquisition Corp. (NASDAQ:ALFUW) saw a large increase in short interest in 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 trading volume of 1,974 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 1,974 shares, the days-to-cover ratio is presently 0.6 days.

Centurion Acquisition Price Performance

NASDAQ:ALFUW opened at $0.27 on Friday. The company’s 50-day simple moving average is $0.32 and its 200 day simple moving average is $0.32. Centurion Acquisition has a one year low of $0.12 and a one year high of $0.54.

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.