Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) Short Interest Update

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 110 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

Caribbean Utilities Stock Performance

CUPUF opened at $14.48 on Thursday. The company’s fifty day moving average price is $14.48 and its two-hundred day moving average price is $14.22. Caribbean Utilities has a 1-year low of $11.67 and a 1-year high of $15.00.

Caribbean Utilities Company Profile

Caribbean Utilities Company, Ltd. is an electric utility provider that generates, transmits, distributes and sells electricity to the island of Grand Cayman in the Cayman Islands. The company holds an exclusive licence from the Cayman Islands government to operate the island’s power system and is publicly traded on the Toronto Stock Exchange and over‐the‐counter markets under the symbol CUPUF. Its service territory encompasses all major population centres of Grand Cayman, supporting residential, commercial and industrial customers with reliable energy supply.

Established in 1964 and commencing operations in 1966, Caribbean Utilities Company has developed its generation capacity around its Cat Bay power station, which primarily relies on diesel and heavy fuel oil generators.