NCLH
Dark pool — off-exchange short volume
Short ratio (latest)
62.7%
20-day average
57.5%
Off-exchange share (20d)
41%
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
20.30
5.64B
19.95
6.29B
19.59
6.92B
19.23
6.79B
18.88
6.71B
18.52
6.64B
18.17
6.82B
17.81
7.05B
17.45
7.51B
17.10
7.81B
16.74
7.03B
16.39
7.81B
16.03
7.38B
15.67
6.80B
15.32
5.43B
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.