Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Sees Large Decrease in Short Interest
by Danessa Lincoln · The Markets DailyPerimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF – Get Free Report) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 5,000 shares, a decrease of 97.5% from the August 15th total of 201,539 shares. Based on an average trading volume of 402,478 shares, the short-interest ratio is currently 0.0 days.
Perimeter Medical Imaging AI Stock Down 2.3%
Shares of OTCMKTS:PYNKF opened at $0.21 on Friday. Perimeter Medical Imaging AI has a twelve month low of $0.11 and a twelve month high of $0.53. The stock’s 50 day moving average is $0.22 and its 200-day moving average is $0.25.
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.
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