Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Short Interest Down 97.5% in August

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 5,000 shares, a drop of 97.5% from the August 15th total of 201,539 shares. Based on an average trading volume of 402,478 shares, the days-to-cover ratio is currently 0.0 days.

Perimeter Medical Imaging AI Price Performance

Shares of OTCMKTS PYNKF traded down $0.00 during midday trading on Friday, hitting $0.21. 117,999 shares of the company traded hands, compared to its average volume of 111,929. Perimeter Medical Imaging AI has a 12-month low of $0.11 and a 12-month high of $0.53. The stock has a 50-day moving average price of $0.22 and a 200 day moving average price of $0.25.

Perimeter Medical Imaging AI Company Profile

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.