NKE

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

35.2%

20-day average

38.1%

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

50.25

0.10B

47.60

0.01B

46.72

0.78B

45.84

4.21B

44.96

3.36B

44.08

4.91B

43.19

5.70B

42.31

3.44B

41.43

1.27B

40.55

0.00B

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.