TAN· Invesco Solar ETF

Dark pool · off-exchange short volume

as of 2026-11-05

TAN's off-exchange short-volume ratio was 41.1% on 5 Nov 2026, below its 20-day average of 65.2%. Off-exchange trading was 31% of volume over the last 20 sessions. 6 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 4 Nov 2026.

Short ratio (latest)

41.1%

20-day average

65.2%

Off-exchange share (20d)

31%

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

52.20

0.11B

51.28

0.16B

50.37

0.20B

49.45

0.30B

48.54

0.15B

47.62

0.09B

46.71

0.11B

45.79

0.11B

44.87

0.04B

43.96

0.08B

43.04

0.14B

42.13

0.10B

41.21

0.07B

40.30

0.03B

39.38

0.00B

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.