Michael Burry's Scion Bet Against Cathie Wood's ARK (ARKK), Bought Puts on Ark's Flagship Fund - Bloomberg, Citing Filing

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Go back to Michael Burry's Scion Bet Against Cathie Wood's ARK (ARKK), Bought Puts on Ark's Flagship Fund - Bloomberg, Citing Filing

Cathie Wood Says Big Short’s Michael Burry Doesn’t Understand Tech Fundamentals as His Hedge Fund Bets Against Ark Innovation ETF (ARKK) and Tesla (TSLA)

August 17, 2021 4:34 AM EDT

Michael Burry, who heads a private investment firm Scion Asset Management, is betting against one of the hottest money managers on the Street today - Cathie Wood.

Burry, who was made famous by the movie "The Big Short," had bearish put contracts against 235,500 shares of the ARK Innovation ETF (ARKK) at the end of Q2, according to the companys filing with regulators.

The position is valued at... More