Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) Sees Significant Growth in Short Interest

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 53 shares. Based on an average daily trading volume, of 2,655 shares, the days-to-cover ratio is currently 0.0 days.

Caribbean Utilities Stock Performance

Caribbean Utilities stock opened at $14.70 on Friday. Caribbean Utilities has a 1 year low of $11.67 and a 1 year high of $15.49. The firm’s 50 day moving average price is $14.65 and its two-hundred day moving average price is $14.16.

Caribbean Utilities Company Profile

Caribbean Utilities Company, Ltd. is an electric utility serving Grand Cayman in the Cayman Islands. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across the island.

Its operations include power generation facilities, an electricity transmission network and a distribution system that delivers service to customers throughout Grand Cayman. Caribbean Utilities also supports the integration of renewable-energy resources and customer-owned generation into the island’s electric system.

Founded in 1966, Caribbean Utilities operates as the primary electricity provider on Grand Cayman and is subject to regulation by the Cayman Islands Electricity Regulatory Authority.