HWM· Howmet Aerospace

Dark pool · off-exchange short volume

as of 2026-11-05

HWM's off-exchange short-volume ratio was 38.3% on 5 Nov 2026, above its 20-day average of 29.0%. Off-exchange trading was 39% of volume over the last 20 sessions. 7 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 9 Sep 2026.

Short ratio (latest)

38.3%

20-day average

29.0%

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

243.46

2.33B

239.19

2.17B

234.92

1.73B

230.64

3.82B

226.37

3.64B

222.10

2.56B

217.83

2.38B

213.56

2.49B

209.29

3.11B

205.02

2.84B

200.75

2.57B

196.48

2.46B

192.20

3.78B

187.93

3.38B

183.66

2.62B

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.