Centurion Acquisition Corp. (NASDAQ:ALFUW) Short Interest Up 34.2% 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 31st, there was short interest totaling 1,092 shares, a growth 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 currently 0.6 days. Based on an average trading volume of 1,974 shares, the days-to-cover ratio is currently 0.6 days.

Centurion Acquisition Trading Down 1.4%

NASDAQ:ALFUW opened at $0.27 on Friday. The stock has a fifty day simple moving average of $0.32 and a 200 day simple moving average of $0.32. Centurion Acquisition has a 1-year low of $0.12 and a 1-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.

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