DE

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

78.6%

20-day average

65.0%

Off-exchange share (20d)

40%

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

648.34

1.24B

636.97

1.08B

625.59

1.05B

614.22

1.60B

602.84

2.56B

591.47

4.77B

580.09

5.58B

568.72

5.02B

557.35

2.38B

545.97

0.81B

534.60

1.91B

523.22

3.67B

511.85

7.34B

500.47

7.74B

489.10

6.21B

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.