Owain Jones was Darren Way's final loan signing of the January transfer window.
The 20-year-old joined from Swansea City for his first loan spell away from the Premier League outfit.
The Wales Under-21 international joined Swansea’s Academy at 10-years-old and scored two goals in their Under-19s’ FAW Youth Cup final triumph over arch rivals Cardiff City.
Despite an injury-hit season in 2015/16, Jones netted on eight occasions for the Welsh club’s Under-23s, helping them reach the play-offs.
The youngster, who is highly regarded by the Swans, can play as a striker or winger.
He made his debut for Town as a 79th-minute substitute in the Glovers’ 1-1 draw with Hartlepool United at Victoria Park.