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Dark pool · off-exchange short volume
Short ratio (latest)
42.2%
20-day average
41.0%
Off-exchange share (20d)
54%

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

26.17
12.3B
25.72
12.6B
25.26
17.7B
24.80
13.4B
24.34
11.6B
23.88
10.6B
23.42
9.35B
22.96
8.31B
22.50
6.36B
22.04
6.77B
21.58
8.04B
21.12
6.71B
20.66
8.00B
20.20
6.41B
19.75
3.26B

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.