Short Interest in Lendlease Group (OTCMKTS:LLESY) Expands By 49.2%

Lendlease Group (OTCMKTS:LLESYGet Free Report) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 494 shares, a growth of 49.2% from the December 15th total of 331 shares. Based on an average daily trading volume, of 603 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 603 shares, the days-to-cover ratio is presently 0.8 days.

Lendlease Group Trading Down 0.4%

Shares of OTCMKTS:LLESY opened at $3.54 on Friday. The firm’s 50 day simple moving average is $3.40 and its 200 day simple moving average is $3.50. Lendlease Group has a fifty-two week low of $2.98 and a fifty-two week high of $4.35.

About Lendlease Group

(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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