Big Short’s Michael Burry Closes Bets Against Ark, Tesla and Treasuries

Big Short’s Michael Burry Closes Bets Against Ark, Tesla and Treasuries

(Bloomberg) — Michael Burry may have ditched some of his biggest shorts — at least for now.

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Scion Asset Management, which Burry founded and runs as chief executive officer, had cut back to only a handful of positions as of the end of September, according to a regulatory filing made on Monday.

Among trades that the firm closed in the third quarter were bets against Cathie Wood’s flagship ARK Innovation ETF, Elon Musk’s Tesla Inc. and the biggest Treasuries…


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