ADP· Automatic Data Processing

Dark pool · off-exchange short volume

as of 2026-11-05

ADP's off-exchange short-volume ratio was 68.2% on 5 Nov 2026, above its 20-day average of 60.4%. Off-exchange trading was 29% of volume over the last 20 sessions. 8 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 4 Nov 2026.

Short ratio (latest)

68.2%

20-day average

60.4%

Off-exchange share (20d)

29%

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

321.75

0.02B

315.68

1.08B

309.61

1.15B

303.54

2.99B

297.47

9.66B

291.40

8.94B

285.33

10.1B

279.26

7.80B

273.19

5.39B

267.12

4.34B

261.04

4.73B

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.