Caribbean Utilities Company, Ltd. (OTCMKTS:CUPUF – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 245 shares, a decline of 92.6% from the May 14th total of 3,300 shares. Based on an average daily volume of 8,644 shares, the days-to-cover ratio is presently 0.0 days.
Caribbean Utilities Price Performance
OTCMKTS CUPUF traded up $0.40 during trading hours on Tuesday, reaching $14.75. The stock had a trading volume of 1,400 shares, compared to its average volume of 2,567. Caribbean Utilities has a 52-week low of $11.67 and a 52-week high of $15.99. The stock has a fifty day moving average of $14.25 and a 200 day moving average of $13.68.
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.
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