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

Posted by Geri Gentry on Jun 29th, 2026

Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Get Free Report) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 67,433 shares, a decrease of 58.0% from the May 31st total of 160,585 shares. Based on an average daily volume of 103,761 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the company’s shares are sold short.

Global X Autonomous & Electric Vehicles ETF Stock Performance

Shares of NASDAQ DRIV traded up $0.65 during trading on Monday, reaching $37.70. The stock had a trading volume of 36,775 shares, compared to its average volume of 63,026. The company has a market cap of $404.90 million, a P/E ratio of -134.64 and a beta of 1.45. Global X Autonomous & Electric Vehicles ETF has a fifty-two week low of $23.08 and a fifty-two week high of $42.76. The business’s 50-day moving average price is $38.93 and its 200-day moving average price is $34.12.

Global X Autonomous & Electric Vehicles ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th will be given a $0.0737 dividend. This represents a yield of 39.0%. The ex-dividend date of this dividend is Monday, June 29th. Global X Autonomous & Electric Vehicles ETF’s payout ratio is currently -110.71%.

Institutional Trading of Global X Autonomous & Electric Vehicles ETF

Several hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in shares of Global X Autonomous & Electric Vehicles ETF by 802.2% in the fourth quarter. Farther Finance Advisors LLC now owns 2,075 shares of the technology company’s stock valued at $61,000 after purchasing an additional 1,845 shares in the last quarter. Strive Financial Group LLC acquired a new stake in Global X Autonomous & Electric Vehicles ETF during the 4th quarter worth approximately $80,000. Ameriprise Financial Inc. acquired a new stake in Global X Autonomous & Electric Vehicles ETF during the 3rd quarter worth approximately $230,000. Finally, Jones Financial Companies Lllp boosted its position in Global X Autonomous & Electric Vehicles ETF by 261.2% in the 1st quarter. Jones Financial Companies Lllp now owns 13,107 shares of the technology company’s stock valued at $277,000 after buying an additional 9,478 shares during the period. Institutional investors and hedge funds own 80.78% of the company’s stock.

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.