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ADI

Dark pool — off-exchange short volume

Short ratio (latest)
60.3%
20-day average
45.0%
Off-exchange share (20d)
31%

Darkpool density

big day, short ratio above trendbelow trendbubble size = how unusual ($vol z-score)

Last ~6 months. Bubbles mark days of unusually large off-exchange dollar volume (≥1.5σ vs the trailing 60 days). Daily resolution — not print-level data.

Darkpool levels ±15% of spot, since 2018-10-01

439.90
0.11B
432.05
1.00B
424.19
1.86B
416.34
4.15B
408.48
3.96B
400.63
3.27B
392.77
2.84B
384.91
1.82B
377.06
1.00B
369.20
0.50B
361.35
0.95B
353.49
2.79B
345.64
3.82B
337.78
2.17B

Historical off-exchange $ volume at price: each day's volume spread across that day's range, summed over the full FINRA history. Heavy shelves often act as support/resistance magnets. Amber row = spot's bin.

Off-exchange short-volume ratio

short ratio (20d, right) daily off-exchange share (left)

FINRA daily TRF data, last 2 years. A persistently HIGH short ratio is mostly passive market-maker liquidity provision (commonly read as accumulation pressure) — not naively bearish.