"[2] In January 2022, Mad Money host Jim Cramer highlighted the ETF as seeking to benefit from the weakness in growth-oriented stocks whose performance have struggled in recent months.
[3] In a November 2021 interview with Bloomberg News, Wood responded to SARK and short sellers of ARKK, saying "This is what makes a market, right?
[4] Tuttle Capital Management filed with the U.S. Securities and Exchange Commission to launch its Short Innovation ETF under the stock ticker SARK in August 2021, following a period during which Ark Invest was unable to produce high returns for investors.
[2] When SARK launched in November 2021, ARKK had a short interest of 17.3%, up from 2% in early 2021, indicating negative sentiment for the portfolio.
It had returned around 50% since its inception, amidst continued declines in stock performance of high-growth companies associated with rising Treasury yields.