CDNS

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

67.5%

20-day average

49.0%

Off-exchange share (20d)

36%

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

414.13

0.49B

406.46

0.98B

398.79

0.57B

391.12

0.63B

383.45

0.68B

375.79

1.35B

368.12

1.87B

360.45

2.75B

352.78

4.93B

345.11

4.57B

337.44

3.53B

329.77

5.04B

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.