Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Medical Appliance Monitor: Hedge Funds Are Dumping These Medical Appliance Stocks

|Includes: MAKO, NXTM, OPK, RTIX, Theragenics Corporation (TGX)

Screen Criteria:

List of Medical Appliance stocks dragged down by institutional selling during the most recent quarter. (Link to original post)

Ranking of This List:

Based on performance data over the last month, this list is currently ranked 18 out of 284 lists tracked by Contextuall.com. In other words, the company characteristics described below have outperformed 93.66% of lists in Contextuall's coverage universe.

Average Weekly Returns:

Average 1-Week Return of All Stocks Mentioned Below: -1.83%

Average 1-Month Return of All Stocks Mentioned Below: 1.46%

Analysis of List Alpha:

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Week): 3 out of 5 (60.0%)

Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Month): 4 out of 5 (80.0%)

(List sorted by monthly performance, from best to worst)

1. Theragenics Corp. (NYSE:TGX): Operates as a medical device company serving the cancer treatment and surgical products markets primarily in the United States and Europe. Net institutional shares sold during the most recent quarter at 2.5M shares (10.89% of float at 22.95M shares).

2. Opko Health (NYSEMKT:OPK): Engages in the discovery, development, and commercialization of novel and proprietary technologies primarily in the United States, Chile, and Mexico. Net institutional shares sold during the most recent quarter at 7.0M shares (5.33% of float at 131.39M shares).

3. Nxstage Medical (NASDAQ:NXTM): Engages in the development, manufacture, and marketing of products for the treatment of kidney failure, fluid overload, and related blood treatments and procedures in the United States. Net institutional shares sold during the most recent quarter at 2.9M shares (6.05% of float at 47.97M shares).

4. RTI Biologics (NASDAQ:RTIX): RTI Biologics, Inc. and its subsidiaries produce orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues, and improve surgical outcomes. Net institutional shares sold during the most recent quarter at 2.9M shares (5.52% of float at 52.53M shares).

5. MAKO Surgical Corp. (NASDAQ:MAKO): MAKO Surgical Corp., a medical device company, markets its advanced robotic arm solution and orthopedic implants for orthopedic procedures in the United States and internationally. Net institutional shares sold during the most recent quarter at 6.3M shares (15.63% of float at 40.31M shares).