Short Interest in Centurion Acquisition Corp. (NASDAQ:ALFUW) Drops By 34.4%

Centurion Acquisition Corp. (NASDAQ:ALFUWGet Free Report) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 836 shares, a decrease of 34.4% from the January 15th total of 1,275 shares. Based on an average daily volume of 15,783 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 15,783 shares, the short-interest ratio is presently 0.1 days.

Centurion Acquisition Trading Up 6.3%

Centurion Acquisition stock opened at $0.23 on Friday. Centurion Acquisition has a 52 week low of $0.12 and a 52 week high of $0.54. The firm’s 50-day simple moving average is $0.28 and its 200 day simple moving average is $0.31.

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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