ADSK

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

60.1%

20-day average

59.0%

Off-exchange share (20d)

37%

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

252.85

6.81B

248.42

6.17B

243.98

7.44B

239.54

7.72B

235.11

6.15B

230.67

4.82B

226.24

4.11B

221.80

4.92B

217.36

7.54B

212.93

6.45B

208.49

6.76B

204.06

6.37B

199.62

6.54B

195.18

6.38B

190.75

3.89B

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.