STE

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

50.1%

20-day average

58.9%

Off-exchange share (20d)

36%

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

235.87

1.93B

231.73

1.48B

227.59

2.75B

223.45

5.11B

219.31

5.23B

215.18

4.29B

211.04

3.53B

206.90

2.25B

202.76

2.46B

198.62

2.01B

194.49

1.37B

190.35

0.95B

186.21

1.11B

182.07

1.78B

177.93

1.33B

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.