PYPL· PayPal

Dark pool · off-exchange short volume

as of 2026-11-05

PYPL's off-exchange short-volume ratio was 31.2% on 5 Nov 2026, below its 20-day average of 36.5%. Off-exchange trading was 26% of volume over the last 20 sessions. 6 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 28 Aug 2026.

Short ratio (latest)

31.2%

20-day average

36.5%

Off-exchange share (20d)

26%

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

68.63

13.1B

67.42

14.9B

66.22

13.3B

65.02

10.1B

63.81

13.0B

62.61

17.3B

61.40

18.3B

60.20

14.9B

59.00

16.5B

57.79

15.8B

56.59

11.1B

55.38

7.76B

54.18

5.25B

52.98

4.69B

51.77

2.24B

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.