Payment processors have agreed to adopt a merchant code approved by the International Organization for Standardization (ISO) for identifying arms purchases, Reuters reported.
Mastercard's (NYSE:MA) short percent of float has fallen 8.93% since its last report. The company recently reported that it has 4.31 million shares sold short, which is 0.51% of all regular shares that are available for trading.
As of the past few months, numerous fintech startups have been suffering the brunt of the bear market, as layoffs in the technology industry have led the way.
Someone with a lot of money to spend has taken a bearish stance on Mastercard (NYSE:MA).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Mastercard's (NYSE:MA) short percent of float has fallen 9.68% since its last report. The company recently reported that it has 4.76 million shares sold short, which is 0.56% of all regular shares that are available for trading.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
A whale with a lot of money to spend has taken a noticeably bearish stance on Mastercard.
Looking at options history for Mastercard (NYSE:MA) we detected 11 strange trades.