Lendlease Group (OTCMKTS:LLESY) Short Interest Down 97.8% in July

Lendlease Group (OTCMKTS:LLESY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 1 shares, a decrease of 97.8% from the June 30th total of 45 shares. Based on an average trading volume of 590 shares, the days-to-cover ratio is presently 0.0 days.

Lendlease Group Price Performance

OTCMKTS LLESY traded down $0.19 on Friday, reaching $1.94. The stock had a trading volume of 165 shares, compared to its average volume of 903. Lendlease Group has a 12-month low of $1.78 and a 12-month high of $3.79. The business’s 50-day moving average price is $2.07 and its 200 day moving average price is $2.58.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Lendlease Group to a “hold” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.