HPQ

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

57.8%

20-day average

61.4%

Off-exchange share (20d)

39%

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

28.19

2.48B

27.69

4.62B

27.20

5.37B

26.70

4.86B

26.21

5.05B

25.71

4.59B

25.22

4.86B

24.73

5.03B

24.23

4.71B

23.74

4.58B

23.24

2.67B

22.75

1.78B

22.25

1.45B

21.76

1.42B

21.26

1.77B

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.