The 22-year-old returns to Hillsborough after a successful first spell ended earlier this month, where he made a good impression during his 11 appearances.
And the versatile left-sided player will now stay with the Owls until the campaign comes to a close.
Meanwhile, Barcelona B striker Rodri has had his loan deal terminated by mutual consent.
The 22-year-old joined the Owls in the summer on a season-long stay from the Spanish outfit and big things were expected of him after a fine goalscoring performance in his debut against Birmingham.
But he failed to settle in South Yorkshire and did not score in his subsequent 11 appearances.
A statement read: "Sheffield Wednesday would like to thank Rodri for his services and wish him well for the future."