Shares of FaZe Holdings Inc - Class A (FAZE) are trading 14% higher at a price of $19.3 at the time of this writing.
-FaZe Clan (NASDAQ: FAZE ) has large price swings lately, short data indicates that it may be about to surge.
-Shares of FaZe Clan (NASDAQ: FAZE ) began publicly trading on the Nasdaq last month after completing a special purpose acquisition company (SPAC) merger worth $725 million.
-The merger was first announced last October at a valuation of $1 billion.
-The company showed strong momentum, with second quarter sales of $18.8 million, an increase of 22% year-over-year and a new quarterly record
FaZe Holdings Inc - Class A has been trading between a 52-week high of $21.99 and a 52-week low of $8.02. The stock has a market cap of $1.4 Billion.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:LetsRetireThisYear - 15 upvotes -
sourceThis and the fact no one is paying attention to FaZe…. There’s no volume and high short interest…. The smallest buying is shooting up the price so easily..
LetsRetireThisYear - 5 upvotes -
sourceHa I don’t know who’s more REGARDED you or us. Anyways if you’re really regarded let’s squeeze fAzE
UltraMachoTaco - 5 upvotes -
sourceWhat the FAZE is going on here?!
StonedTurtle420710 - 4 upvotes -
source[BBBY AMC GME FAZE](https://youtu.be/PTZgxW_3LIQ)![img](emote|t5_2th52|8882)
Flapped - 4 upvotes -
sourceFaZe BbBy boutta 360 ladder stall claymore fakie these gay bears
Stocksrhard - 4 upvotes -
sourceLol FaZe
CrazyHeadshotJR - 4 upvotes -
sourceFaZe was the real short squeeze all along
silverlink22 - 3 upvotes -
sourceThe left is FAZE. 99.41% short interest. 1.3 million float. Cost to Borrow 1000% Shares available to short is zero. Right is BBBY.. 32% short interest according to ortex. 76 million float. Cost to Borrow 200%. Shares available to short. 10k as of a couple of hours ago. [Ortex Data for BBBY and FAZE](https://imgur.com/a/vOrJQBY) You would think the one on the left is the better setup, but nah, BBBY has actual volume so yeah there's that. BBBY ends up being the better setup from a retail perspective with how it's trending everywhere.
datadog2018 - 2 upvotes -
sourceLooks like FaZe is the play. Too bad I don’t have any. Lol
StannerIam - 2 upvotes -
sourceFAZE