Willow Lane Acquisition Corp. II (NASDAQ:WLII) Sees Large Decrease in Short Interest

Willow Lane Acquisition Corp. II (NASDAQ:WLII) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 201 shares, a decrease of 76.0% from the September 15th total of 836 shares. Based on an average daily trading volume, of 694 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Willow Lane Acquisition Corp. II Price Performance

Shares of WLII opened at $10.20 on Friday. Willow Lane Acquisition Corp. II has a one year low of $9.86 and a one year high of $10.49. The company’s 50 day moving average price is $10.25.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Willow Lane Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday. One analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

About Willow Lane Acquisition Corp. II

Willow Lane Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination with one or more operating businesses. Its potential transaction may take the form of a merger, acquisition, stock purchase, reorganization or similar business combination.

Unlike an operating company, Willow Lane Acquisition Corp. II does not currently provide products or services to customers. Its activities are focused on evaluating potential acquisition targets and completing a transaction that would result in a privately held company becoming publicly traded.

Publicly available information about the company’s target industry, geographic focus, completed transactions and operating leadership is limited.