Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) Sees Significant Decrease in Short Interest

Posted by George Bondi on Aug 16th, 2026

Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 8,098 shares, a drop of 62.3% from the July 15th total of 21,457 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 29,504 shares, the short-interest ratio is presently 0.3 days.

Global X Autonomous & Electric Vehicles ETF Price Performance

NASDAQ:DRIV traded up $0.26 on Friday, hitting $36.02. 21,788 shares of the company’s stock were exchanged, compared to its average volume of 61,268. The firm has a 50-day moving average price of $36.41 and a 200-day moving average price of $35.15. Global X Autonomous & Electric Vehicles ETF has a 52 week low of $24.95 and a 52 week high of $42.76. The company has a market cap of $442.69 million, a P/E ratio of -128.64 and a beta of 1.47.

Global X Autonomous & Electric Vehicles ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given a $0.0737 dividend. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 39.0%. Global X Autonomous & Electric Vehicles ETF’s payout ratio is currently -75.00%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. First Bancorp Inc ME bought a new position in Global X Autonomous & Electric Vehicles ETF in the second quarter valued at approximately $77,000. CX Institutional raised its stake in shares of Global X Autonomous & Electric Vehicles ETF by 0.7% during the 2nd quarter. CX Institutional now owns 86,801 shares of the technology company’s stock worth $3,348,000 after purchasing an additional 613 shares in the last quarter. Strive Financial Group LLC acquired a new stake in shares of Global X Autonomous & Electric Vehicles ETF in the 4th quarter valued at approximately $80,000. Farther Finance Advisors LLC boosted its holdings in shares of Global X Autonomous & Electric Vehicles ETF by 802.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,075 shares of the technology company’s stock valued at $61,000 after buying an additional 1,845 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new position in shares of Global X Autonomous & Electric Vehicles ETF in the third quarter valued at $230,000. 80.78% of the stock is owned by institutional investors and hedge funds.

Global X Autonomous & Electric Vehicles ETF Company Profile

(Get Free Report)

The Global X Autonomous & Electric Vehicles ETF (DRIV) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that uses artificial intelligence to select global stocks involved in the development, production, or supporting technology of autonomous and electronic vehicles. DRIV was launched on Apr 13, 2018 and is issued by Global X.