Lendlease Group (OTCMKTS:LLESY) Short Interest Update

Lendlease Group (OTCMKTS:LLESY) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 252 shares, a decline of 64.6% from the April 30th total of 712 shares. Based on an average trading volume of 3,254 shares, the days-to-cover ratio is currently 0.1 days.

Lendlease Group Price Performance

OTCMKTS LLESY traded down $0.11 during trading on Monday, reaching $1.97. 680 shares of the company’s stock were exchanged, compared to its average volume of 1,053. The business has a 50 day moving average price of $2.32 and a 200-day moving average price of $2.94. Lendlease Group has a fifty-two week low of $1.97 and a fifty-two week high of $3.79.

Wall Street Analysts Forecast Growth

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

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.