Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Short Interest Up 45.8% in February

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 85,904 shares, a growth of 45.8% from the February 12th total of 58,935 shares. Based on an average daily volume of 212,278 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 212,278 shares, the days-to-cover ratio is presently 0.4 days.

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

Large investors have recently made changes to their positions in the company. Clear Street Group Inc. purchased a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter worth approximately $85,000. Geode Capital Management LLC acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the fourth quarter worth $131,000. Clear Street LLC grew its holdings 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 buying an additional 5,403 shares in the last quarter. Royal Bank of Canada acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter valued at $147,000. Finally, JPMorgan Chase & Co. acquired 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 Stock Up 0.7%

Shares of NASDAQ WLAC opened at $10.85 on Friday. 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 business has a fifty day simple moving average of $11.47 and a 200-day simple moving average of $11.78.

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. DA Davidson boosted their price objective 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 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 stock a “buy” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $17.00.

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.