Short Interest in Centurion Acquisition Corp. (NASDAQ:ALFUW) Rises By 89.5%

Centurion Acquisition Corp. (NASDAQ:ALFUW) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 849 shares, a growth of 89.5% from the July 30th total of 448 shares. Based on an average trading volume of 1,520 shares, the short-interest ratio is currently 0.6 days.

Centurion Acquisition Stock Performance

Shares of NASDAQ:ALFUW remained flat at $0.29 on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 21,428. Centurion Acquisition has a 12 month low of $0.07 and a 12 month high of $0.45. The company’s 50 day moving average price is $0.25 and its 200-day moving average price is $0.19.

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.