Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) Short Interest Up 248.0% in December

Willow Lane Acquisition Corp. – Class A Ordinary Shares (NASDAQ:WLAC) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 23,250 shares, an increase of 248.0% from the November 30th total of 6,681 shares. Based on an average trading volume of 186,076 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 186,076 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

A number of research firms recently commented on WLAC. Canaccord Genuity Group boosted their target price 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in a research report on Wednesday, October 8th. Finally, DA Davidson upped their price objective 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 note on Wednesday, December 17th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $17.00.

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

Shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares stock opened at $12.74 on Thursday. Willow Lane Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.80 and a 1 year high of $15.19. The stock has a 50-day moving average price of $12.14 and a 200 day moving average price of $11.24.

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

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. Goldman Sachs Group Inc. acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the 1st quarter valued at $2,844,000. 683 Capital Management LLC bought a new position in Willow Lane Acquisition Corp. – Class A Ordinary Shares during the first quarter valued at about $5,010,000. Gritstone Asset Management LLC acquired a new stake in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares in the first quarter worth about $1,997,000. Ghisallo Capital Management LLC acquired a new position in shares of Willow Lane Acquisition Corp. – Class A Ordinary Shares during the 1st quarter valued at about $5,020,000. 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 acquiring an additional 416,894 shares in the last 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.