Tapeab

TFC

Dark pool — off-exchange short volume

Short ratio (latest)
69.4%
20-day average
50.5%
Off-exchange share (20d)
32%

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

55.58
0.00B
54.59
0.45B
53.59
0.82B
52.60
0.76B
51.61
1.70B
50.62
2.99B
49.62
4.58B
48.63
5.21B
47.64
4.08B
46.65
3.94B
45.66
3.83B
44.66
6.78B
43.67
8.58B
42.68
6.52B

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.