CRL

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

88.1%

20-day average

71.6%

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

213.39

1.74B

209.64

1.92B

205.90

1.98B

202.15

2.44B

198.41

2.44B

194.67

2.17B

190.92

1.98B

187.18

2.02B

183.44

1.90B

179.69

1.60B

175.95

1.82B

172.21

1.74B

168.46

2.43B

164.72

2.50B

160.97

1.63B

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.