Centurion Acquisition Corp. (NASDAQ:ALFUW) Short Interest Up 714.0% in December

Centurion Acquisition Corp. (NASDAQ:ALFUWGet Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 814 shares, a growth of 714.0% from the November 30th total of 100 shares. Based on an average daily trading volume, of 7,155 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 7,155 shares, the days-to-cover ratio is presently 0.1 days.

Centurion Acquisition Price Performance

Centurion Acquisition stock opened at $0.31 on Friday. Centurion Acquisition has a fifty-two week low of $0.11 and a fifty-two week high of $0.54. The firm has a fifty day moving average price of $0.35 and a two-hundred day moving average price 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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