TPL· Texas Pacific Land Corporation
Dark pool · off-exchange short volume
Short ratio (latest)
74.8%
20-day average
68.3%
Off-exchange share (20d)
37%
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
420.77
0.58B
413.39
0.66B
406.01
0.76B
398.63
0.81B
391.25
0.76B
383.86
0.61B
376.48
0.61B
369.10
0.77B
361.72
0.59B
354.34
0.51B
346.95
0.51B
339.57
0.33B
332.19
0.21B
324.81
0.23B
317.43
0.26B
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.