Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Short Interest Update

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 110,911 shares, a drop of 74.7% from the April 30th total of 437,823 shares. Based on an average daily trading volume, of 245,293 shares, the short-interest ratio is currently 0.5 days.

Perimeter Medical Imaging AI Stock Performance

Shares of OTCMKTS:PYNKF traded down $0.02 on Friday, reaching $0.23. The company’s stock had a trading volume of 131,190 shares, compared to its average volume of 138,593. Perimeter Medical Imaging AI has a 52-week low of $0.11 and a 52-week high of $0.53. The company has a 50-day simple moving average of $0.27 and a 200 day simple moving average of $0.24.

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.