Days-to-cover ratio for MODG declines to 5.81 due to decline in short interest

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Topgolf Callaway Brands Corp shares valued at $921,831 were purchased by ARTHUR STARRS on Aug 12 ’25. At $8.64 per share, ARTHUR STARRS acquired 106,734 shares.

Also, Starrs Artie sold 106,734 shares, netting a total of over 921,837 in proceeds. Following the sale of shares at $8.64 each, the insider now holds 105,823 shares.

Before that, ANDERSON ERIK J had sold 25,704 shares from its account. In a trade valued at $237,793, the Director traded Topgolf Callaway Brands Corp shares for $9.25 each. Upon closing the transaction, the insider’s holdings decreased to 25,704 shares, worth approximately $0.2 million.

As of May 16, 2025, B. Riley Securities has initiated its “Neutral” rating for MODG. Earlier on January 02, 2025, Jefferies upgraded its rating. Their new recommendation was “a Buy” for MODG stock which previously was a “a Hold”.

Analyzing MODG Stock Performance

On last trading session, Topgolf Callaway Brands Corp [NYSE: MODG] rose 10.88% to $9.68. The stock’s lowest price that day was $8.735, but it reached a high of $9.725 in the same session. During the last five days, there has been a surge of approximately 10.13%. Over the course of the year, Topgolf Callaway Brands Corp shares have dropped approximately -13.65%. Shares of the company reached a 52-week high of $10.24 on 08/07/25 and a 52-week low of $5.42 on 04/08/25.

Support And Resistance Levels for Topgolf Callaway Brands Corp (MODG)

According to the 24-hour chart, there is a support level at 9.02, which, if violated, would cause prices to drop to 8.36. In the upper region, resistance lies at 10.03. The next price resistance is at 10.39. RSI (Relative Strength Index) is 56.79 on the 14-day chart, showing neutral technical sentiment.

Is Topgolf Callaway Brands Corp subject to short interest?

Stocks of Topgolf Callaway Brands Corp saw a sharp steep in short interest on 2025-07-31 dropping by -3.68 million shares to 14.83 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 18.51 million shares. A decline of -24.84% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.81 of the overall float, the days-to-cover ratio (short ratio) decline to 5.81.

Which companies own the most shares of Topgolf Callaway Brands Corp (MODG)?

In terms of Topgolf Callaway Brands Corp share price expectations, FactSet research, analysts set an average price target of 8 in the next 12 months, down nearly -8.36% from the previous closing price of $8.73. Analysts anticipate Topgolf Callaway Brands Corp stock to reach 9 by 2025, with the lowest price target being 7. In spite of this, 6 analysts ranked Topgolf Callaway Brands Corp stock as Buy at the end of 2025. On October 17, 2024, B. Riley Securities assigned a price target of “a Neutral” to the stock and downgraded coverage with a $12.

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