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

Lendlease Group (OTCMKTS:LLESYGet Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 130 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 393 shares, the days-to-cover ratio is currently 0.3 days.

Lendlease Group Price Performance

LLESY remained flat at $2.30 during trading hours on Wednesday. Lendlease Group has a 52 week low of $1.78 and a 52 week high of $3.74. The business’s 50 day simple moving average is $2.14 and its two-hundred day simple moving average is $2.24.

Lendlease Group Company Profile

(Get Free Report)

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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