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Better Short-Squeeze Stock: Carvana vs. Marathon Digital Holdings

TheMotleyFool

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Better Short-Squeeze Stock: Carvana vs. Marathon Digital Holdings: https://g.foolcdn.com/editorial/images/724368/man-shower-cash.jpg

Carvana (NYSE: CVNA) and Marathon Digital Holdings (NASDAQ: MARA) are two of the market's most heavily shorted stocks, with 71% and 35% of their outstanding shares being sold short, respectively, as of Feb. 27.

Carvana's online sales of used cars slowed to a crawl as inflation curbed purchases of vehicles and rising rates discouraged customers from taking out new auto loans. Marathon Digital's Bitcoin (CRYPTO: BTC) mining business, which was built entirely on expanding its fleet of miners and mining more coins, struggled as the top cryptocurrency lost its value.

Image source: Getty Images.

Source Fool.com

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