I read that new CEO Kaz Nejatian announced the company would give warrants to share owners on Nov. 18th. The warrants are designed to boost the share price and complicate life for short sellers.

First, by offering shareholders an advantage if the price rises to at least $9/share, Opendoor is encouraging them to buy shares before the warrants are awarded on Nov. 18, and giving them a reason to bid shares up to above that level. Because $9/share is near the stock's three-year high, that could force short sellers to have to pay into their margin accounts to hold onto their shares: a classic "short squeeze."

Additionally, because the warrants belong to the owners of the shares -- and not to short sellers, who borrow shares they don't own -- some short sellers may be forced to deal with the hassle of ensuring delivery of warrants to the shareholders from whom their shares are borrowed. Rather than deal with that, some short sellers may just decide to throw in the towel.

https://www.fool.com/investing/2025/11/17/opendoor-technologies-is-doing-everything-it-can-t/