The level of short interest in Kohl’s shares, at nearly 50%, has finally caught the attention of retail traders, setting the discount retailer up to become the market’s newest meme stock.The stock traded up as much as 105% Tuesday morning,

Shares of Kohl’s Corp briefly doubled in value on Tuesday, as retail traders piled into the U.S. department store chain’s stocks and options, making it one of the most actively traded stocks on retail trading platforms.