Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) Stock Short Interest Report for September

Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 7,078 shares. Based on an average daily volume of 93,825 shares, the short-interest ratio is presently 0.1 days.

Perimeter Medical Imaging AI Stock Down 5.8%

Shares of PYNKF opened at $0.14 on Thursday. The firm’s 50 day simple moving average is $0.21 and its 200 day simple moving average is $0.22. Perimeter Medical Imaging AI has a 1-year low of $0.11 and a 1-year high of $0.53.

Perimeter Medical Imaging AI Company Profile

Perimeter Medical Imaging AI Inc is a medical technology company focused on improving cancer surgery through intraoperative imaging. Based in Toronto, Canada, the company develops tools intended to help surgical teams assess excised tissue during procedures, with an initial emphasis on breast cancer surgery.

Its core technology uses optical coherence tomography (OCT) to produce high-resolution images of fresh, unstained tissue in near real time. The company’s Perimeter S-Series OCT system is designed to provide surgeons and pathologists with additional information about tissue margins while a procedure is underway, potentially supporting decisions about whether further tissue should be removed.

Perimeter Medical Imaging AI is also developing artificial intelligence applications intended to assist with the interpretation of intraoperative tissue images.