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

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) saw a significant increase in short interest during the month of 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 trading volume of 212,278 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 212,278 shares, the short-interest ratio is presently 0.4 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Galaxy Group Investments LLC acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 4th quarter valued at $1,331,000. Corsair Capital Management L.P. acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter worth $704,000. Royal Bank of Canada acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the fourth quarter worth $147,000. MYDA Advisors LLC purchased a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the fourth quarter valued at $2,022,000. Finally, Barclays PLC acquired a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares in the fourth quarter valued at $1,264,000.

Analyst Upgrades and Downgrades

Several analysts have recently commented on WLAC shares. Canaccord Genuity Group increased their price target 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 report on Wednesday, December 17th. DA Davidson lifted their price objective 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 research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $17.00.

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

Shares of WLAC stock opened at $10.85 on Friday. The firm has a 50-day moving average price of $11.47 and a 200 day moving average price of $11.79. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a twelve month low of $10.00 and a twelve month high of $15.19.

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

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.