CBRE· CBRE Group
Dark pool · off-exchange short volume
Short ratio (latest)
47.0%
20-day average
37.3%
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
160.18
2.01B
157.37
2.10B
154.56
1.72B
151.75
2.29B
148.94
2.34B
146.13
2.77B
143.32
3.16B
140.51
3.79B
137.70
2.93B
134.89
3.41B
132.08
4.17B
129.27
2.92B
126.46
1.84B
123.65
2.26B
120.84
1.60B
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.