Yes, it's on her ring finger.
Sadly, their love story came to an end in mid-October, with a source revealing to People that, for Grande, the relationship was "way too much too soon."
Grande isn't wearing her engagement ring from Davidson anymore, and she reportedly returned the rock (which was worth a staggering $93,000) to her ex already. But she appears to have replaced it with another (possibly better) ring.
Fans noticed the ring in a bathroom selfie the "god is a woman" singer posted over the weekend: