MU

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

45.5%

20-day average

40.4%

Off-exchange share (20d)

47%

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

1007.89

10.6B

990.21

8.22B

972.53

18.8B

954.85

38.7B

937.16

44.3B

919.48

40.0B

901.80

32.2B

884.12

21.0B

866.44

13.8B

848.75

6.70B

831.07

5.92B

813.39

17.4B

795.71

27.6B

778.02

27.9B

760.34

21.8B

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.