GM

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

42.6%

20-day average

33.8%

Off-exchange share (20d)

30%

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

87.59

0.07B

86.00

0.87B

84.41

1.75B

82.81

3.82B

81.22

5.22B

79.63

3.26B

78.04

2.40B

76.44

3.47B

74.85

2.42B

73.26

2.25B

71.67

1.32B

70.07

1.04B

68.48

2.23B

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.