RJF· Raymond James Financial

Dark pool · off-exchange short volume

Dark pool as of 2026-11-04 · latest session 2026-11-05

RJF's off-exchange short-volume ratio was 33.7% on 4 Nov 2026, below its 20-day average of 56.8%. Off-exchange trading was 33% of volume over the last 20 sessions. 13 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 29 Oct 2026.

Short ratio (latest)

33.7%

20-day average

56.8%

Off-exchange share (20d)

33%

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

184.30

0.00B

181.07

0.41B

177.84

0.89B

174.60

1.04B

171.37

1.29B

168.14

3.08B

164.90

3.50B

161.67

3.39B

158.44

5.02B

155.20

3.84B

151.97

2.64B

148.74

1.53B

145.50

1.87B

142.27

1.85B

139.04

0.82B

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.