The Scalloped Hammerhead shark (Sphyrna lewini), a critically endangered species with a decreasing global population, is characterised by its occurrence in large schools. Such schools are still observed today in the Pacific Ocean, but this is generally not the case in the Atlantic Ocean, and in the Cayman Islands not since the 1970s. The authors of this paper report a recent record of a school of S. lewini in deep water off Grand Cayman, and describe a recent, concomitant increase in numbers of the species, and its critically endangered congener, the Great Hammerhead (Sphyrna mokarran), around the Cayman Islands. Relative population trends and seasonal patterns were assessed using data from shallow and deep-water BRUVS, scientific longlining, citizen science projects including the Sharklogger Network and REEF Volunteer Fish Survey Project, and social media reports. It appears that the Scalloped Hammerhead may be slowly re-occupying the area, selecting and using deeper waters to school, while the Great Hammerhead has also become less scarce than Scalloped Hammerhead.