Centurion Acquisition Corp. (NASDAQ:ALFUW) Shares Shorted: Short Interest Down 35.6% in September

Centurion Acquisition Corp. (NASDAQ:ALFUW – Get Free Report) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 724 shares, a decline of 35.6% from the September 15th total of 1,124 shares. Based on an average daily volume of 2,092 shares, the days-to-cover ratio is presently 0.3 days.

Centurion Acquisition Stock Performance

Centurion Acquisition stock opened at $0.18 on Friday. Centurion Acquisition has a twelve month low of $0.07 and a twelve month high of $0.45. The stock’s 50 day moving average is $0.26 and its 200 day moving average is $0.21.

Centurion Acquisition is a special purpose acquisition company (SPAC) formed to identify and complete a business combination, such as a merger, acquisition or similar transaction, with one or more operating businesses.

As a SPAC, the company does not operate a conventional business and does not currently offer products or services to customers. Its activities primarily involve raising capital, evaluating potential acquisition targets and negotiating a transaction intended to establish a publicly traded operating company.

The company’s securities include warrants traded under the symbol ALFUW.

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