HPE

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

35.4%

20-day average

39.0%

Off-exchange share (20d)

38%

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

51.35

0.13B

50.44

0.40B

49.54

0.45B

48.64

0.22B

47.74

0.45B

46.84

0.57B

45.94

0.54B

45.04

0.41B

44.14

0.74B

43.24

0.52B

42.34

0.41B

41.44

0.17B

38.73

0.06B

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.