DDOG

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

48.1%

20-day average

33.6%

Off-exchange share (20d)

39%

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

261.01

0.57B

256.44

0.45B

251.86

0.56B

247.28

0.64B

242.70

0.49B

238.12

0.58B

233.54

0.90B

228.96

0.63B

224.38

0.92B

219.80

0.74B

215.22

0.61B

210.64

0.87B

206.06

0.66B

201.48

1.41B

196.91

2.47B

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.