Clean Energy Special Situations Corp. (NASDAQ:SWSS) Short Interest Down 50.0% in May

Clean Energy Special Situations Corp. (NASDAQ:SWSS) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 500 shares, a decline of 50.0% from the May 15th total of 1,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Clean Energy Special Situations stock. Linden Advisors LP acquired a new stake in shares of Clean Energy Special Situations Corp. (NASDAQ:SWSS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 200,000 shares of the company’s stock, valued at approximately $2,102,000. Linden Advisors LP owned 2.72% of Clean Energy Special Situations at the end of the most recent quarter. Institutional investors own 23.50% of the company’s stock.

Clean Energy Special Situations Stock Performance

SWSS remained flat at $10.15 on Friday. The firm has a fifty day simple moving average of $10.79 and a 200-day simple moving average of $10.67. Clean Energy Special Situations has a 1 year low of $10.00 and a 1 year high of $12.99.

About Clean Energy Special Situations

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.