Centurion Acquisition Corp. (NASDAQ:ALF) Sees Large Drop in Short Interest

Centurion Acquisition Corp. (NASDAQ:ALF) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,652 shares, a decrease of 99.9% from the May 31st total of 1,166,548 shares. Based on an average daily trading volume, of 152,504 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Centurion Acquisition

Several hedge funds have recently made changes to their positions in ALF. Karpus Management Inc. bought a new stake in shares of Centurion Acquisition in the 4th quarter worth approximately $44,000. Longfellow Investment Management Co. LLC bought a new stake in Centurion Acquisition during the fourth quarter worth approximately $44,000. Citadel Advisors LLC acquired a new position in Centurion Acquisition in the third quarter worth approximately $112,000. Radcliffe Capital Management L.P. acquired a new position in Centurion Acquisition in the second quarter worth approximately $162,000. Finally, Evercore Wealth Management LLC bought a new position in shares of Centurion Acquisition in the fourth quarter valued at $164,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Centurion Acquisition in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Centurion Acquisition Price Performance

ALF opened at $10.80 on Friday. Centurion Acquisition has a one year low of $10.45 and a one year high of $10.90. The stock’s fifty day moving average is $10.83 and its 200-day moving average is $10.75.

Centurion Acquisition (NASDAQ:ALF) last announced its earnings results on Monday, May 11th. The company reported $0.07 earnings per share for the quarter.

About Centurion Acquisition

Alfi, Inc provides Software as a Service (SaaS) solution for the digital out of home (DOOH) smart advertising segment in the United States. It offers Alfi, an artificial intelligence (AI) SaaS platform that transforms DOOH advertising into real-time audience-based marketing, as well as uses AI and computer vision to detect audience demographics, such as age and gender to serve relevant advertising. The company intends to market Alfi to advertisers, and other DOOH and out of home media operators as the first facial detection-based ad technology offering verified impressions and audience measurement based on eyes on screens.