Anyone invested in ARK funds from Cathie Woods? Seems like the sharks are circling around her funds now as investors are rotating from momentum/growth to value. Short interest in her flagship fund (ARKK) spiked from 0.3% two months ago to 3.5% currently. Flagship fund is also down ~20% from its recent high. Interesting that she recently called Zoom "probably undervalued" on a podcast which is trading at a forward P/E of ~100 and ~50 times sales with a market cap of 100B. For reference, FANG is currently at ~50 forward P/E and ~5 times sales. She's definitely not a value investor lol
