Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Short Interest Update

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 48,209 shares, a decline of 37.0% from the January 15th total of 76,470 shares. Based on an average trading volume of 180,607 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 180,607 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on WLAC shares. DA Davidson upped their price objective on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Wednesday, December 17th. Canaccord Genuity Group boosted their target price on Willow Lane Acquisition Corp. – Class A Ordinary Shares from $15.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Hedge Funds Weigh In On Willow Lane Acquisition Corp. – Class A Ordinary Shares

A number of institutional investors have recently added to or reduced their stakes in WLAC. Clear Street LLC grew its stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% during the second quarter. Clear Street LLC now owns 10,405 shares of the company’s stock valued at $106,000 after acquiring an additional 5,403 shares in the last quarter. Clear Street Group Inc. purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter valued at about $85,000. Geode Capital Management LLC purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the fourth quarter valued at about $131,000. JPMorgan Chase & Co. acquired a new stake in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter valued at approximately $172,000. Finally, Radcliffe Capital Management L.P. increased its holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 67.6% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 48,200 shares of the company’s stock worth $558,000 after purchasing an additional 19,434 shares during the last quarter.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Up 0.5%

Shares of NASDAQ:WLAC opened at $11.08 on Friday. The company has a 50 day moving average of $12.04 and a two-hundred day moving average of $11.71. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 52-week low of $9.95 and a 52-week high of $15.19.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last posted its earnings results on Wednesday, November 12th. The company reported $0.05 EPS for the quarter.

About Willow Lane Acquisition Corp. – Class A Ordinary Shares

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.