Short Interest in Lendlease Group (OTCMKTS:LLESY) Grows By 75.5%

Lendlease Group (OTCMKTS:LLESY) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 581 shares, an increase of 75.5% from the February 12th total of 331 shares. Based on an average daily trading volume, of 561 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 561 shares, the days-to-cover ratio is currently 1.0 days.

Lendlease Group Price Performance

Shares of OTCMKTS:LLESY opened at $2.60 on Friday. The business’s 50-day moving average is $3.25 and its 200 day moving average is $3.44. Lendlease Group has a 1 year low of $2.60 and a 1 year high of $4.00.

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.