ON· ON Semiconductor

Dark pool · off-exchange short volume

as of 2026-11-05

ON's off-exchange short-volume ratio was 49.8% on 5 Nov 2026, above its 20-day average of 42.2%. Off-exchange trading was 31% of volume over the last 20 sessions. 6 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 3 Nov 2026.

Short ratio (latest)

49.8%

20-day average

42.2%

Off-exchange share (20d)

31%

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

81.21

4.27B

79.79

4.78B

78.36

5.62B

76.94

7.10B

75.51

7.28B

74.09

8.12B

72.66

10.1B

71.24

10.6B

69.82

9.44B

68.39

7.66B

66.97

7.22B

65.54

6.80B

64.12

6.32B

62.69

6.55B

61.27

6.76B

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.