Centurion Acquisition Corp. (NASDAQ:ALF – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,262 shares, a drop of 32.2% from the June 30th total of 1,861 shares. Based on an average trading volume of 250 shares, the short-interest ratio is currently 5.0 days. Approximately 0.0% of the shares of the stock are short sold.
Hedge Funds Weigh In On Centurion Acquisition
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Sona Asset Management US LLC purchased a new position in Centurion Acquisition in the 1st quarter worth approximately $1,092,000. Berkley W R Corp grew its holdings in shares of Centurion Acquisition by 376.0% in the first quarter. Berkley W R Corp now owns 1,157,544 shares of the company’s stock worth $12,455,000 after purchasing an additional 914,380 shares during the last quarter. Radcliffe Capital Management L.P. grew its holdings in shares of Centurion Acquisition by 20.2% in the fourth quarter. Radcliffe Capital Management L.P. now owns 501,086 shares of the company’s stock worth $5,337,000 after purchasing an additional 84,291 shares during the last quarter. L1 Global Manager Pty Ltd purchased a new position in shares of Centurion Acquisition in the fourth quarter worth $7,189,000. Finally, Governors Lane LP raised its holdings in Centurion Acquisition by 40.3% during the 4th quarter. Governors Lane LP now owns 70,125 shares of the company’s stock valued at $747,000 after buying an additional 20,125 shares during the last quarter.
Centurion Acquisition Stock Performance
NASDAQ ALF opened at $10.78 on Friday. The company has a 50-day simple moving average of $10.84 and a two-hundred day simple moving average of $10.79. Centurion Acquisition has a 12-month low of $10.45 and a 12-month high of $10.99.
Analyst Ratings Changes
Separately, Weiss Ratings reissued 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 MarketBeat.com, the company has an average rating of “Sell”.
Read Our Latest Stock Report on Centurion Acquisition
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.
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