MCHP

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

68.3%

20-day average

47.8%

Off-exchange share (20d)

30%

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

99.92

1.00B

98.16

1.37B

96.41

1.74B

94.66

1.69B

92.90

1.77B

91.15

2.35B

89.40

3.15B

87.64

3.85B

85.89

4.28B

84.14

3.74B

82.39

3.09B

80.63

3.82B

78.88

6.34B

77.13

7.51B

75.37

7.57B

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.