Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Short Interest Down 37.0% in January

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) was the target of a significant 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 daily volume of 180,607 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 180,607 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. 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. DA Davidson upped their price target 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $17.00.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Magnetar Financial LLC acquired a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the second quarter valued at approximately $12,900,000. Hiddenite Capital Partners LP acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter worth $9,264,000. Yorkville Advisors Global LP increased its holdings in Willow Lane Acquisition Corp. – Class A Ordinary Shares by 24.3% during the 4th quarter. Yorkville Advisors Global LP now owns 647,600 shares of the company’s stock worth $8,186,000 after purchasing an additional 126,600 shares in the last quarter. Scoggin Management LP bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter worth about $6,774,000. Finally, Wealthspring Capital LLC raised its stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares by 325.3% in the 2nd quarter. Wealthspring Capital LLC now owns 545,062 shares of the company’s stock valued at $5,576,000 after purchasing an additional 416,894 shares during the period.

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

NASDAQ:WLAC opened at $11.03 on Friday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.95 and a 1 year high of $15.19. The stock has a 50-day moving average price of $12.05 and a two-hundred day moving average price of $11.71.

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.05 earnings per share 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.