HIG

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

30.9%

20-day average

39.8%

Off-exchange share (20d)

32%

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

142.26

0.40B

139.67

1.35B

137.08

1.99B

134.50

2.64B

131.91

2.27B

129.32

2.61B

126.74

2.01B

124.15

1.65B

121.57

1.98B

118.98

1.46B

116.39

1.33B

113.81

2.07B

111.22

1.58B

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.