Opendoor shares stage record comeback after Q3 loss as warrant dividend squeezes shorts The full article is here, I've summarized below. Check out the full article linked for the awesome pic! Opendoor Technologies’ stock staged a dramatic turnaround Friday, erasing a 20% intraday loss to finish flat after reporting a wider-than-expected Q3 loss and forecasting more red ink in Q4. The rebound came after management unveiled a dividend of tradable warrants — a move designed to reward shareholders and pressure short sellers.Shareholders of record on November 18 will receive three tradable warrants for every 30 shares held, with strike prices of $9, $13, and $17, expiring in November 2026. Each warrant gives holders the right to buy shares at those preset prices, effectively adding extra option value to the stock. Short sellers, who have borrowed shares to sell them, must also compensate the owners for these warrants, either by buying and delivering them or by paying the equivalent value.That obligation makes betting against Opendoor costlier and riskier, prompting some shorts to unwind positions and helping fuel Friday’s massive reversal. About 28% of the company’s shares were shorted as of mid-October.CEO Kaz Nejatian said the move aligns management and investor interests, joking that it might “ruin the night of a few short sellers.” This article was written by Eamonn Sheridan at investinglive.com.