Clean Energy Special Situations (NASDAQ:SWSS) Shares Down 2.8%

Clean Energy Special Situations Corp. (NASDAQ:SWSS) dropped 2.8% during mid-day trading on Wednesday . The stock traded as low as $10.69 and last traded at $10.69. Approximately 4 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 3,667 shares. The stock had previously closed at $11.00.

Clean Energy Special Situations Price Performance

The company’s 50 day simple moving average is $10.74 and its 200-day simple moving average is $10.59.

Institutional Trading of Clean Energy Special Situations

Several institutional investors have recently added to or reduced their stakes in the company. Crystalline Management Inc. bought a new stake in Clean Energy Special Situations in the fourth quarter worth about $844,000. Linden Advisors LP purchased a new position in shares of Clean Energy Special Situations during the third quarter worth approximately $2,102,000. Westchester Capital Management LLC purchased a new position in shares of Clean Energy Special Situations during the second quarter worth approximately $1,013,000. Jane Street Group LLC purchased a new position in shares of Clean Energy Special Situations during the fourth quarter worth approximately $3,025,000. Finally, Sea Otter Advisors LLC increased its position in shares of Clean Energy Special Situations by 2.2% during the fourth quarter. Sea Otter Advisors LLC now owns 46,000 shares of the company’s stock worth $466,000 after acquiring an additional 1,000 shares during the period. Institutional investors own 23.50% of the company’s stock.

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.