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BETA
ADM· Archer Daniels Midland
Dark pool · off-exchange short volume
Short ratio (latest)
47.1%
20-day average
48.2%
Off-exchange share (20d)
34%

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

88.45
0.12B
86.72
1.38B
84.99
1.93B
83.25
2.19B
81.52
2.54B
79.78
4.09B
78.05
4.55B
76.31
3.63B
74.58
3.03B

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.

ADM Dark Pool — Off-Exchange & Short Volume — Tapelab