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

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 437,823 shares, a decline of 45.6% from the April 15th total of 804,165 shares. Based on an average daily volume of 352,507 shares, the days-to-cover ratio is presently 1.2 days.

Perimeter Medical Imaging AI Price Performance

Shares of PYNKF traded down $0.00 on Friday, hitting $0.23. The company’s stock had a trading volume of 112,000 shares, compared to its average volume of 143,070. The firm’s fifty day moving average price is $0.29 and its 200-day moving average price is $0.23. Perimeter Medical Imaging AI has a fifty-two week low of $0.11 and a fifty-two week high of $0.53.

About Perimeter Medical Imaging AI

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.