Cathie Wood’s Main ETF Roars Back With Near-Record Inflow
- Ark Innovation fund added $464 million following four-day rout
- Short interest in ARKK also hits new record at 5% of shares
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Even the worst performance in almost a year is doing little to diminish demand for Cathie Wood’s brand.
The ARK Innovation ETF (ticker ARKK), the main fund at Wood’s Ark Investment Management, notched its second-biggest inflow ever on Friday, according to data compiled by Bloomberg.