2 Years Ago
1 Min Read

FAZE is up 14% today - short squeeze underway?



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 - source
This 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 - source
Ha I don’t know who’s more REGARDED you or us. Anyways if you’re really regarded let’s squeeze fAzE

UltraMachoTaco - 5 upvotes - source
What 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 - source
FaZe BbBy boutta 360 ladder stall claymore fakie these gay bears

Stocksrhard - 4 upvotes - source
Lol FaZe

CrazyHeadshotJR - 4 upvotes - source
FaZe was the real short squeeze all along

silverlink22 - 3 upvotes - source
The 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 - source
Looks like FaZe is the play. Too bad I don’t have any. Lol

StannerIam - 2 upvotes - source
FAZE