GEV

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

50.8%

20-day average

50.2%

Off-exchange share (20d)

44%

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

978.88

3.75B

961.70

3.03B

944.53

3.69B

927.36

1.98B

910.18

2.47B

893.01

4.25B

875.84

5.12B

858.66

5.29B

841.49

5.83B

824.32

6.60B

807.15

4.29B

789.97

2.65B

772.80

1.85B

755.63

2.12B

738.45

1.94B

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.