HRL
Dark pool — off-exchange short volume
Short ratio (latest)
48.9%
20-day average
58.0%
Off-exchange share (20d)
37%
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
27.71
1.58B
27.23
0.73B
26.74
0.29B
26.25
0.10B
25.77
0.02B
25.28
0.11B
24.80
0.41B
24.31
0.86B
23.82
0.96B
23.34
1.46B
22.85
0.77B
22.37
0.67B
21.88
0.52B
21.39
0.58B
20.91
0.69B
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.