Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 30,295 shares, an increase of 334.8% from the August 31st total of 6,968 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 35,215 shares, the days-to-cover ratio is presently 0.9 days.
Institutional Trading of Global X Autonomous & Electric Vehicles ETF
An institutional investor recently bought a new stake in Global X Autonomous & Electric Vehicles ETF stock. First Bancorp Inc ME bought a new position in Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,000 shares of the technology company’s stock, valued at approximately $77,000. Institutional investors and hedge funds own 80.78% of the company’s stock.
Global X Autonomous & Electric Vehicles ETF Trading Up 0.6%
Shares of Global X Autonomous & Electric Vehicles ETF stock traded up $0.21 on Friday, reaching $33.67. 10,521 shares of the company were exchanged, compared to its average volume of 56,544. Global X Autonomous & Electric Vehicles ETF has a fifty-two week low of $27.05 and a fifty-two week high of $42.76. The firm has a market capitalization of $363.30 million, a price-to-earnings ratio of -120.25 and a beta of 1.47. The stock has a fifty day moving average price of $34.35 and a 200-day moving average price of $35.53.
About Global X Autonomous & Electric Vehicles ETF
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.
Recommended Stories
- Five stocks we like better than Global X Autonomous & Electric Vehicles ETF
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for Global X Autonomous & Electric Vehicles ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Autonomous & Electric Vehicles ETF and related companies with MarketBeat.com's FREE daily email newsletter.
