From MarketBeat:

Delta Air Lines, Inc. (NYSE:DAL) experienced a significant increase in short interest in December. As of December 15th, short interest reached 17,760,000 shares, up 14.4% from November 30th. Several firms have recently adjusted their price targets for Delta Air Lines, including Barclays and Bank of America. EVP Joanne D. Smith and Director David S. Taylor have both recently been involved in insider trading.

Institutional investors in Delta Air Lines have made significant changes to their positions in the company, with companies like Migdal Insurance & Financial Holdings Ltd. and Moisand Fitzgerald Tamayo LLC increasing their holdings. Delta Air Lines stock experienced a 1.0% decrease on Monday, trading down to $40.23. The company has revealed a continued strong performance in recent income reports, posting revenue of $15.49 billion during its latest fiscal quarter.

Delta Air Lines operates out of several domestic and international hubs. The company’s stock currently carries a “Buy” rating. While Delta Air Lines is recommended by some analysts, there are five other stocks that analysts believe are even better buys. If you’re looking to invest in Elon Musk’s companies, click the link below for information on upcoming initial public offerings.



Read more: Delta Air Lines, Inc. (NYSE:DAL) Sees Large Growth in Short Interest