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COP

Dark pool — off-exchange short volume

Short ratio (latest)
58.9%
20-day average
53.3%
Off-exchange share (20d)
29%

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

135.04
0.13B
132.63
1.28B
130.22
1.11B
127.80
1.69B
125.39
2.54B
122.98
5.44B
120.57
5.91B
118.16
6.45B
115.75
7.19B
113.34
7.64B
110.92
7.34B
108.51
11.9B
106.10
18.3B
103.69
17.4B

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.