INCY

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

75.6%

20-day average

65.1%

Off-exchange share (20d)

35%

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

111.70

0.06B

109.59

0.30B

107.48

0.90B

105.38

1.42B

103.27

1.66B

101.16

2.33B

99.05

2.04B

96.94

2.15B

94.84

1.87B

92.73

1.66B

90.62

1.35B

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.