FTNT· Fortinet

Dark pool · off-exchange short volume

as of 2026-11-05

FTNT's off-exchange short-volume ratio was 49.0% on 5 Nov 2026, below its 20-day average of 53.4%. Off-exchange trading was 37% of volume over the last 20 sessions. 13 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 2 Nov 2026.

Short ratio (latest)

49.0%

20-day average

53.4%

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

147.50

1.85B

144.92

2.04B

142.33

0.83B

139.74

0.54B

137.15

0.72B

134.57

0.80B

131.98

0.78B

129.39

1.41B

126.80

1.03B

124.21

0.29B

121.63

0.28B

119.04

0.14B

116.45

0.27B

113.86

1.16B

111.28

1.11B

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.