LVS
Dark pool — off-exchange short volume
Short ratio (latest)
54.3%
20-day average
58.8%
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
58.00
3.62B
56.99
4.00B
55.97
5.38B
54.95
5.84B
53.93
7.34B
52.92
8.57B
51.90
7.92B
50.88
7.00B
49.86
6.85B
48.84
6.34B
47.83
5.81B
46.81
6.76B
45.79
6.22B
44.77
5.93B
43.76
6.76B
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.