CDW· CDW Corporation

Dark pool · off-exchange short volume

as of 2026-11-05

CDW's off-exchange short-volume ratio was 54.6% on 5 Nov 2026, above its 20-day average of 53.4%. Off-exchange trading was 42% of volume over the last 20 sessions. 9 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 4 Nov 2026.

Short ratio (latest)

54.6%

20-day average

53.4%

Off-exchange share (20d)

42%

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

192.37

2.41B

189.00

1.77B

185.62

2.72B

182.25

2.99B

178.87

3.13B

175.50

4.42B

172.12

3.55B

168.75

3.50B

165.38

4.00B

162.00

4.69B

158.62

3.65B

155.25

3.22B

151.88

2.72B

148.50

2.79B

145.12

2.75B

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.