AME

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

49.4%

20-day average

44.6%

Off-exchange share (20d)

35%

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

243.78

0.06B

239.35

0.52B

234.92

2.37B

230.48

2.52B

226.05

1.97B

221.62

1.36B

217.19

0.91B

212.76

1.29B

208.32

0.86B

203.89

0.61B

199.46

1.49B

195.03

2.09B

190.59

1.86B

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.