RCL

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

75.2%

20-day average

65.0%

Off-exchange share (20d)

42%

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

303.82

2.76B

298.49

2.12B

293.16

2.84B

287.83

4.18B

282.50

6.05B

277.17

6.23B

271.84

4.31B

266.51

4.51B

261.18

6.46B

255.85

5.13B

250.52

3.98B

245.19

3.18B

239.86

2.79B

234.53

2.57B

229.20

3.35B

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.