STLD· Steel Dynamics
Dark pool · off-exchange short volume
Short ratio (latest)
54.0%
20-day average
50.8%
Off-exchange share (20d)
41%
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
273.36
0.48B
268.56
0.57B
263.77
0.64B
258.97
0.75B
254.18
0.67B
249.38
0.72B
244.59
0.93B
239.79
1.01B
234.99
1.55B
230.20
1.22B
225.40
1.46B
220.61
0.60B
215.81
0.11B
211.02
0.09B
206.22
0.19B
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.