TXT

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

78.7%

20-day average

70.3%

Off-exchange share (20d)

35%

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

101.16

0.13B

99.32

0.44B

97.48

0.35B

95.64

0.85B

93.80

1.21B

91.96

1.65B

90.12

1.70B

88.28

2.50B

86.44

2.52B

84.60

1.93B

82.76

1.66B

80.92

1.68B

79.09

2.21B

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.