DPZ

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

73.3%

20-day average

70.5%

Off-exchange share (20d)

43%

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

360.33

4.85B

354.01

4.10B

347.68

3.93B

341.36

4.37B

335.04

4.39B

328.72

2.75B

322.40

2.59B

316.08

4.25B

309.75

3.53B

303.43

2.23B

297.11

1.78B

290.79

1.37B

284.47

0.89B

278.15

0.58B

271.83

1.33B

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.