Paramount Skydance emerged as a potential meme stock on Wednesday, with the shares soaring 60% during the session.

Short interest as a percentage of Paramount Skydance’s public float of shares is 13.4%. That compares with 4.3% for Warner Bros. Discovery Inc.’s stock and about 1.1% for Walt Disney Co.’s stock and 1.2% for Comcast Corp. shares A key metric, short interest refers to the number of shares that have been used to bet that prices will fall.