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

Lendlease Group (OTCMKTS:LLESY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 331 shares, a growth of 967.7% from the November 30th total of 31 shares. Based on an average daily volume of 67 shares, the short-interest ratio is currently 4.9 days. Based on an average daily volume of 67 shares, the short-interest ratio is currently 4.9 days.

Lendlease Group Stock Performance

Shares of LLESY stock remained flat at $3.00 during trading on Wednesday. 11 shares of the company were exchanged, compared to its average volume of 772. The stock has a 50-day moving average price of $3.47 and a 200-day moving average price of $3.53. Lendlease Group has a 12 month low of $2.98 and a 12 month high of $4.35.

Lendlease Group Company Profile

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.