Lendlease Group (OTCMKTS:LLESY – Get Free Report) was the recipient of a significant drop in short interest during 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 daily trading volume, of 133 shares, the short-interest ratio is presently 2.5 days. Based on an average daily trading volume, of 133 shares, the short-interest ratio is presently 2.5 days.
Lendlease Group Price Performance
Shares of Lendlease Group stock traded down $0.28 during trading on Friday, hitting $3.19. 1,002 shares of the company were exchanged, compared to its average volume of 284. The firm’s fifty day moving average price is $3.37 and its 200 day moving average price is $3.49. Lendlease Group has a 1-year low of $2.98 and a 1-year high of $4.00.
About Lendlease Group
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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