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EW

Dark pool — off-exchange short volume

Short ratio (latest)
23.1%
20-day average
45.4%
Off-exchange share (20d)
42%

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

97.47
1.27B
95.76
2.06B
94.05
2.57B
92.34
3.15B
90.63
3.00B
88.92
3.67B
87.21
8.07B
85.50
10.2B
83.79
9.41B
82.08
8.17B
80.37
7.06B
78.66
8.90B
76.95
11.3B
75.24
9.67B
73.53
8.58B

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.