Short Interest in Centurion Acquisition Corp. (NASDAQ:ALF) Decreases By 99.9%

Centurion Acquisition Corp. (NASDAQ:ALF) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,652 shares, a drop of 99.9% from the May 31st total of 1,166,548 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 152,504 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Centurion Acquisition Trading Up 0.4%

Shares of NASDAQ:ALF traded up $0.04 during trading hours on Thursday, reaching $10.84. The stock had a trading volume of 190 shares, compared to its average volume of 157,680. Centurion Acquisition has a 1 year low of $10.45 and a 1 year high of $10.90. The firm’s 50 day moving average is $10.83 and its 200-day moving average is $10.75.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Karpus Management Inc. acquired a new position in Centurion Acquisition in the fourth quarter valued at approximately $44,000. Longfellow Investment Management Co. LLC acquired a new stake in Centurion Acquisition during the fourth quarter worth approximately $44,000. Citadel Advisors LLC acquired a new stake in Centurion Acquisition during the third quarter worth approximately $112,000. Radcliffe Capital Management L.P. purchased a new stake in shares of Centurion Acquisition during the 2nd quarter worth approximately $162,000. Finally, Evercore Wealth Management LLC purchased a new stake in shares of Centurion Acquisition during the 4th quarter worth approximately $164,000.

Centurion Acquisition Company Profile

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.