Lendlease Group (OTCMKTS:LLESY – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 18,100 shares, an increase of 3,520.0% from the July 31st total of 500 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 2.1 days.
Lendlease Group Stock Performance
Shares of LLESY opened at $4.59 on Wednesday. Lendlease Group has a 12 month low of $3.43 and a 12 month high of $5.14. The stock has a fifty day moving average price of $3.97 and a 200-day moving average price of $4.05.
Lendlease Group Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, August 29th will be given a $0.0213 dividend. The ex-dividend date of this dividend is Thursday, August 29th. Lendlease Group’s payout ratio is 6.63%.
Lendlease Group Company Profile
Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure.
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