Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) Short Interest Up 70.2% in August

Posted by George Bondi on Sep 16th, 2026

Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 6,968 shares, a growth of 70.2% from the August 15th total of 4,095 shares. Based on an average daily volume of 23,557 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Autonomous & Electric Vehicles ETF stock. First Bancorp Inc ME purchased a new position in shares of Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,000 shares of the technology company’s stock, valued at approximately $77,000. Hedge funds and other institutional investors own 80.78% of the company’s stock.

Global X Autonomous & Electric Vehicles ETF Stock Performance

Global X Autonomous & Electric Vehicles ETF stock traded down $0.38 during mid-day trading on Wednesday, reaching $32.83. The company’s stock had a trading volume of 27,813 shares, compared to its average volume of 57,356. Global X Autonomous & Electric Vehicles ETF has a 12 month low of $27.05 and a 12 month high of $42.76. The business’s 50 day simple moving average is $34.64 and its 200 day simple moving average is $35.44. The company has a market capitalization of $403.48 million, a price-to-earnings ratio of -117.26 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%.

About Global X Autonomous & Electric Vehicles ETF

(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.