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Dark pool — off-exchange short volume

Short ratio (latest)
54.0%
20-day average
45.4%
Off-exchange share (20d)
31%

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

248.04
0.95B
243.27
10.5B
238.50
12.4B
233.73
10.1B
228.96
9.48B
224.19
9.98B
219.42
3.65B
214.65
4.15B
209.88
3.49B
205.11
9.82B

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.