Tapeab

IR

Dark pool — off-exchange short volume

Short ratio (latest)
62.2%
20-day average
45.4%
Off-exchange share (20d)
40%

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

80.75
4.09B
79.33
4.05B
77.91
2.90B
76.50
2.49B
75.08
2.03B
73.66
1.21B
72.25
1.29B
70.83
1.57B
69.41
1.69B
68.00
1.00B
66.58
1.10B
65.16
1.19B
63.75
1.16B
62.33
0.56B
60.91
0.73B

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.