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

Lendlease Group (OTCMKTS:LLESYGet Free Report) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 331 shares, a drop of 33.0% from the January 15th total of 494 shares. Based on an average trading volume of 133 shares, the short-interest ratio is presently 2.5 days. Based on an average trading volume of 133 shares, the short-interest ratio is presently 2.5 days.

Lendlease Group Price Performance

Shares of OTCMKTS:LLESY opened at $3.19 on Friday. Lendlease Group has a 12-month low of $2.98 and a 12-month high of $4.00. The business has a 50 day moving average of $3.37 and a two-hundred day moving average of $3.49.

About Lendlease Group

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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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