Lendlease Group (OTCMKTS:LLESY) Sees Significant Drop in Short Interest

Lendlease Group (OTCMKTS:LLESYGet Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1 shares, a decline of 97.8% from the June 30th total of 45 shares. Based on an average daily trading volume, of 590 shares, the short-interest ratio is presently 0.0 days.

Lendlease Group Stock Down 8.9%

LLESY stock opened at $1.94 on Friday. Lendlease Group has a 12 month low of $1.78 and a 12 month high of $3.79. The firm’s 50-day moving average is $2.07 and its 200 day moving average is $2.58.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Lendlease Group to a “hold” rating in a report on Tuesday, April 7th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Get Our Latest Stock Report on Lendlease Group

Lendlease Group Company Profile

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Lendlease Group is a multinational property and infrastructure company headquartered in Sydney, Australia. The firm specializes in end-to-end capabilities spanning development, construction, project management, investment, and asset and property management. Its offerings cover residential, commercial, retail, logistics, and social infrastructure sectors, with a focus on sustainable and integrated urban regeneration.

Founded in 1958 by Dutch-born engineer Dick Dusseldorp, Lendlease has grown from its origins in Australian housing development to become a global player.

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