Short Interest in Clean Energy Special Situations Corp. (NASDAQ:SWSS) Declines By 42.3%

Clean Energy Special Situations Corp. (NASDAQ:SWSS) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 1,500 shares, a decrease of 42.3% from the March 31st total of 2,600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Clean Energy Special Situations stock. Linden Advisors LP acquired a new stake in Clean Energy Special Situations Corp. (NASDAQ:SWSS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 200,000 shares of the company’s stock, valued at approximately $2,102,000. Linden Advisors LP owned about 2.72% of Clean Energy Special Situations as of its most recent filing with the Securities and Exchange Commission (SEC). 23.50% of the stock is owned by institutional investors and hedge funds.

Clean Energy Special Situations Price Performance

SWSS remained flat at $10.59 during trading hours on Friday. Clean Energy Special Situations has a 12 month low of $10.24 and a 12 month high of $11.76. The business’s 50 day simple moving average is $10.74 and its two-hundred day simple moving average is $10.60.

Clean Energy Special Situations Company Profile

Clean Energy Special Situations Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was formerly known as Springwater Special Situations Corp.