Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Sees Significant Decrease in Short Interest

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKFGet Free Report) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 110,911 shares, a decrease of 74.7% from the April 30th total of 437,823 shares. Based on an average daily volume of 245,293 shares, the days-to-cover ratio is currently 0.5 days.

Perimeter Medical Imaging AI Stock Performance

Shares of PYNKF opened at $0.23 on Friday. Perimeter Medical Imaging AI has a 12 month low of $0.11 and a 12 month high of $0.53. The firm has a fifty day simple moving average of $0.27 and a 200 day simple moving average of $0.24.

Perimeter Medical Imaging AI Company Profile

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Perimeter Medical Imaging AI is a developer of real-time intraoperative margin assessment solutions for surgical oncology. The company’s flagship OTIS™ system combines high-resolution optical coherence tomography (OCT) hardware with proprietary AI-driven image analysis to deliver detailed, volumetric scans of excised tissue. By providing surgeons with immediate feedback on tissue margins, Perimeter’s platform aims to reduce re-excisions and improve patient outcomes in breast and other solid tumor surgeries.

At the heart of Perimeter’s offering is its MarginAI™ software, which leverages deep learning algorithms trained on extensive tissue image databases to automatically detect residual tumor presence within minutes.

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