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LEN

Dark pool — off-exchange short volume

Short ratio (latest)
68.0%
20-day average
65.4%
Off-exchange share (20d)
38%

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

102.00
2.27B
100.21
1.71B
98.42
1.36B
96.63
2.30B
94.84
2.35B
93.05
2.45B
91.26
2.80B
89.47
3.61B
87.69
3.05B
85.90
2.39B
84.11
2.00B
82.32
1.77B
80.53
1.37B
78.74
1.39B
76.95
1.50B

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.