Lendlease Group (OTCMKTS:LLESY – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 724 shares, an increase of 1,240.7% from the October 15th total of 54 shares. Based on an average daily volume of 481 shares, the short-interest ratio is presently 1.5 days.
Lendlease Group Stock Performance
Shares of LLESY stock remained flat at $1.61 during midday trading on Tuesday. The company’s stock had a trading volume of 812 shares, compared to its average volume of 846. Lendlease Group has a 1 year low of $1.59 and a 1 year high of $3.67. The company has a 50-day simple moving average of $1.87 and a 200 day simple moving average of $2.28.
About Lendlease Group
Lendlease Group is an Australian property and infrastructure company that develops, owns, manages and invests in real estate and urban communities. Its activities have included residential, retail, office, industrial and mixed-use developments, as well as investment management services for institutional and other investors. The company has also provided construction and infrastructure delivery services, supporting major building, civil engineering and urban regeneration projects. In recent years, Lendlease has been reshaping its portfolio and strategic focus, including plans to reduce or exit selected international construction and investment activities while concentrating more heavily on its core property operations.
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