AZO

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

59.4%

20-day average

57.5%

Off-exchange share (20d)

62%

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

3555.57

8.43B

3493.20

7.22B

3430.82

7.88B

3368.44

5.78B

3306.06

3.40B

3243.68

2.44B

3181.30

5.25B

3118.93

7.79B

3056.55

5.88B

2994.17

5.32B

2931.79

3.27B

2869.41

0.86B

2807.03

2.50B

2744.65

2.79B

2682.28

3.72B

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.