SO· Southern Company

Dark pool · off-exchange short volume

as of 2026-11-05

SO's off-exchange short-volume ratio was 57.9% on 5 Nov 2026, below its 20-day average of 67.4%. Off-exchange trading was 38% of volume over the last 20 sessions. 9 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 4 Nov 2026.

Short ratio (latest)

57.9%

20-day average

67.4%

Off-exchange share (20d)

38%

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

98.71

0.64B

96.84

5.57B

94.98

8.10B

93.12

11.2B

91.26

11.2B

89.40

10.9B

87.53

13.4B

85.67

12.3B

83.81

8.74B

81.95

5.25B

80.08

3.07B

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.