BAX· Baxter International

Dark pool · off-exchange short volume

as of 2026-11-05

BAX's off-exchange short-volume ratio was 66.9% on 5 Nov 2026, above its 20-day average of 56.9%. Off-exchange trading was 35% of volume over the last 20 sessions. 10 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 29 Oct 2026.

Short ratio (latest)

66.9%

20-day average

56.9%

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

30.21

1.66B

29.68

0.92B

29.15

0.56B

28.62

0.90B

28.09

0.88B

27.56

0.70B

27.03

0.47B

26.50

0.41B

25.97

0.47B

25.44

0.40B

24.91

0.42B

24.38

1.03B

23.85

1.60B

23.32

1.43B

22.79

1.26B

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.