Short Interest in Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Grows By 22.2%

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 58,935 shares, an increase of 22.2% from the January 29th total of 48,209 shares. Based on an average daily volume of 311,748 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 311,748 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

WLAC has been the topic of several research analyst reports. DA Davidson upped their price target on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Wednesday, December 17th. Canaccord Genuity Group upped their target price on Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Trading Down 0.2%

Shares of NASDAQ:WLAC opened at $10.68 on Thursday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 52-week low of $9.98 and a 52-week high of $15.19. The firm has a fifty day moving average of $11.75 and a 200 day moving average of $11.77.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.01 earnings per share for the quarter.

Institutional Investors Weigh In On Willow Lane Acquisition Corp. – Class A Ordinary Shares

Hedge funds have recently made changes to their positions in the business. Galaxy Group Investments LLC purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 4th quarter valued at $1,331,000. Corsair Capital Management L.P. purchased a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at about $704,000. Royal Bank of Canada bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at about $147,000. MYDA Advisors LLC bought a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at about $2,022,000. Finally, Barclays PLC purchased a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the fourth quarter worth about $1,264,000.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Company Profile

Willow Lane Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and listed on the Nasdaq under the ticker WLAC. As a blank check vehicle, the company does not conduct operations of its own but instead seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

The company was sponsored by Willow Lane Capital Partners, an investment firm with a focus on private equity and corporate development.