StockNews.AI
OPEN
Market Watch
15 hrs

Opendoor’s stock may be drawing in more bearish bets against it, even as it keeps rising. Here’s why.

1. Opendoor shares are in a volatile rally, climbing 5.3% recently. 2. The stock has surged 929.7% in three months amid heavy short interest. 3. Retail investors rallying around OPEN have triggered a strong 'cult stock' sentiment. 4. S3 Partners indicate a high short squeeze risk with a score of 100. 5. Market sentiment remains mixed; a retracement may occur soon.

5m saved
Insight
Article

FAQ

Why Bullish?

The dramatic rise in share price and retail investor enthusiasm is significant. Historically, such sentiment can lead to further price increases, as seen in previous short squeezes.

How important is it?

The article highlights ongoing volatility and retail interest, influencing potential speculative trading in OPEN.

Why Short Term?

The stock's momentum is unsustainable, and potential corrections are anticipated soon based on market dynamics.

Related Companies

Related News