Perimeter Medical Imaging AI, Inc. (OTCMKTS:PYNKF – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 51,583 shares, a growth of 628.8% from the September 30th total of 7,078 shares. Based on an average trading volume of 131,105 shares, the days-to-cover ratio is presently 0.4 days.
Perimeter Medical Imaging AI Price Performance
PYNKF stock opened at $0.11 on Thursday. The stock has a 50-day moving average price of $0.18 and a two-hundred day moving average price of $0.23. Perimeter Medical Imaging AI has a 12-month low of $0.10 and a 12-month 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.
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