MAKO Surgical Shares Continue to Rise

Shares of MAKO Surgical MAKO are continuing their recent run during Wednesday's trading session. The stock has jumped another 3.46% to $43.44 and is closing in on a new 52-week high above $43.84. Over the last 5 trading sessions, MAKO is up 13.57% and during the last 3 months the stock has added better than 62%. The company currently has a market cap of $1.84 billion. The stock has a very high short interest (32%) and short-covering could continue to propel MAKO higher in the near-term. Shares are continuing to display impressive relative strength with an RSI of 74.19. The stock is also trading almost 20% above its 50-day moving average and 32% above its 200-day moving average. MAKO Surgical Corp. (MAKO) is a medical device company that markets its advanced robotic arm solution and orthopedic implants for orthopedic procedures. The Company offers MAKOplasty, a restorative surgical solution that enables orthopedic surgeons to treat patient specific, osteoarthritic disease.