What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Cathie Wood's money managing firm Ark Investment Management on Wednesday further lowered its exposure in the streaming video-on-demand company Netflix Inc (NASDAQ: NFLX) ahead of its quarterly earnings report. Ark Invest sold 3,000 shares — estimated to be worth $1.5 million based on the latest closing price — in Netflix on Wednesday.
moderately negative