Shares of MAKO Surgical (MAKO +8.8%) trade up on the back of strong sales results from British...

|About: MAKO Surgical Corp. (MAKO)|By:, SA News Editor

Shares of MAKO Surgical (MAKO +8.8%) trade up on the back of strong sales results from British supplier Corin Group (CNGHF.PK) overnight. Corin says H1 sales rose 15% to £25.0m, an increase of 13% on a constant currency basis, due in large part to heavy sales to MAKO. Traders are also speculating that a short squeeze might be underway as well, considering the company’s current trading float is over 30% short.