Carvana trading halted

I’ll be honest. I have no idea why a company that’s projected loss for 2022 is 22 billion stock is skyrocketing after filing for bankruptcy, but it seemed like a good short play. It can’t keep rising, right? Now, trades in Carvana have been halted. Saving the big players during another short squeeze? Someone help me understand what’s going on here.
$Carvana(CVNA.US)$ $Tesla(TSLA.US)$