Lendlease Group (OTCMKTS:LLESY) Short Interest Update

Lendlease Group (OTCMKTS:LLESY) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 45 shares, a drop of 91.5% from the June 15th total of 527 shares. Based on an average daily volume of 638 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Lendlease Group to a “hold” rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Lendlease Group currently has an average rating of “Hold”.

Lendlease Group Stock Performance

Shares of OTCMKTS LLESY remained flat at $2.25 during trading hours on Friday. The stock has a 50 day moving average of $2.10 and a 200-day moving average of $2.65. Lendlease Group has a 52 week low of $1.78 and a 52 week high of $3.79.

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.