AES

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

22.3%

20-day average

21.5%

Off-exchange share (20d)

47%

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

16.71

0.84B

16.42

0.77B

16.13

1.68B

15.83

1.93B

15.54

1.34B

15.25

1.14B

14.95

1.52B

14.66

2.57B

14.37

3.95B

14.07

4.47B

13.78

2.67B

13.49

1.56B

13.19

1.57B

12.90

1.80B

12.61

2.37B

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.