MTB· M&T Bank

Dark pool · off-exchange short volume

as of 2026-11-05

MTB's off-exchange short-volume ratio was 44.2% on 5 Nov 2026, below its 20-day average of 57.7%. Off-exchange trading was 36% of volume over the last 20 sessions. 12 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 16 Oct 2026.

Short ratio (latest)

44.2%

20-day average

57.7%

Off-exchange share (20d)

36%

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

256.09

0.23B

251.60

1.36B

247.10

1.07B

242.61

0.81B

238.12

1.54B

233.63

1.03B

229.13

1.30B

224.64

1.54B

220.15

2.12B

215.65

2.86B

211.16

1.83B

206.67

1.77B

202.18

2.17B

197.68

1.86B

193.19

2.87B

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.