CBRE· CBRE Group

Dark pool · off-exchange short volume

as of 2026-11-05

CBRE's off-exchange short-volume ratio was 35.4% on 5 Nov 2026, below its 20-day average of 36.7%. Off-exchange trading was 37% of volume over the last 20 sessions. 13 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 26 Oct 2026.

Short ratio (latest)

35.4%

20-day average

36.7%

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

160.87

2.08B

158.04

2.02B

155.22

1.96B

152.40

2.11B

149.58

2.26B

146.75

2.75B

143.93

3.08B

141.11

4.35B

138.29

3.53B

135.47

3.85B

132.64

4.80B

129.82

4.55B

127.00

2.36B

124.18

2.57B

121.35

2.00B

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.