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SRE

Dark pool — off-exchange short volume

Short ratio (latest)
37.3%
20-day average
38.3%
Off-exchange share (20d)
37%

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

100.33
0.09B
98.51
0.46B
96.68
0.74B
94.86
1.95B
93.03
3.42B
91.21
4.73B
89.39
3.39B
87.56
3.71B
85.74
3.00B
83.91
1.44B
82.09
1.93B
80.26
4.53B
78.44
3.50B

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.