Short Interest in Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) Increases By ∞

Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 191 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily trading volume, of 9,015 shares, the days-to-cover ratio is currently 0.0 days.

Caribbean Utilities Stock Performance

Shares of CUPUF opened at $14.36 on Thursday. Caribbean Utilities has a 52 week low of $11.67 and a 52 week high of $15.99. The stock’s 50-day moving average price is $14.32 and its 200-day moving average price is $13.87.

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.