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

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

Clean Energy Special Situations Stock Performance

NASDAQ SWSS remained flat at $10.59 during midday trading on Friday. Clean Energy Special Situations has a fifty-two week low of $10.24 and a fifty-two week high of $11.76. The company has a fifty day moving average of $10.74 and a 200 day moving average of $10.60.

Institutional Trading of Clean Energy Special Situations

A hedge fund recently bought a new stake in Clean Energy Special Situations stock. Crystalline Management Inc. acquired a new position in Clean Energy Special Situations Corp. (NASDAQ:SWSS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 80,000 shares of the company’s stock, valued at approximately $844,000. Crystalline Management Inc. owned approximately 1.14% of Clean Energy Special Situations at the end of the most recent reporting period. 23.50% of the stock is currently owned by hedge funds and other institutional investors.

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.