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 recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 85,904 shares, an increase of 45.8% from the February 12th total of 58,935 shares. Based on an average daily trading volume, of 212,278 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 212,278 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on WLAC shares. DA Davidson boosted their price objective 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 increased 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 research note on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $17.00.

Willow Lane Acquisition Corp. – Class A Ordinary Shares Stock Performance

Shares of WLAC stock opened at $10.85 on Monday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 12-month low of $10.00 and a 12-month high of $15.19. The firm’s 50 day moving average is $11.47 and its 200 day moving average is $11.80.

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

Institutional Trading of Willow Lane Acquisition Corp. – Class A Ordinary Shares

Several large investors have recently added to or reduced their stakes in WLAC. Clear Street Group Inc. bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the third quarter worth approximately $85,000. Clear Street LLC increased its stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 108.0% in the 2nd quarter. Clear Street LLC now owns 10,405 shares of the company’s stock worth $106,000 after purchasing an additional 5,403 shares in the last quarter. Geode Capital Management LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 4th quarter worth $131,000. Royal Bank of Canada bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 4th quarter worth $147,000. Finally, JPMorgan Chase & Co. purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the third quarter valued at $172,000.

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.