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FE

Dark pool — off-exchange short volume

Short ratio (latest)
54.0%
20-day average
61.9%
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

52.11
0.01B
51.18
0.46B
50.25
1.52B
49.32
1.69B
48.39
0.97B
47.46
0.38B
46.53
2.28B
45.60
3.54B
44.67
2.36B
43.74
1.75B
42.81
0.78B
41.88
1.51B
40.95
2.49B
40.02
2.80B

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.