BUZZ-Opendoor, Kohl's jump as retail traders pile in

Reuters
07-22
BUZZ-<a href="https://laohu8.com/S/OPEN">Opendoor</a>, Kohl's jump as retail traders pile in

** Online residential real estate platform Opendoor OPEN.O up 4.2% at $3.34 after rising 300% in past six sessions

** U.S. department store chain Kohl's KSS.N up 30% at $13.58 after hitting a near one-year high earlier in the session

** OPEN and KSS were among the most traded stocks by retail investors as of 10 a.m. ET, per J.P.Morgan data, reminiscent of meme stocks trading phenomenon

** Opendoor raked in record daily retail inflows on Monday, according to data from Vanda Research, which helped drive its shares 43% higher and hit a 2-year high

** About 45.8% of Kohl's free float is in short position, while 28.4% of OPEN's shares are shorted, per Ortex data

** OPEN has nearly doubled this year, while KSS has dipped 3%, including session's moves

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))

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