UAL· United Airlines Holdings

Dark pool · off-exchange short volume

as of 2026-11-05

UAL's off-exchange short-volume ratio was 39.6% on 5 Nov 2026, in line with its 20-day average of 39.2%. Off-exchange trading was 41% of volume over the last 20 sessions. 7 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 4 Nov 2026.

Short ratio (latest)

39.6%

20-day average

39.2%

Off-exchange share (20d)

41%

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

131.97

0.44B

129.65

0.57B

127.34

0.77B

125.02

0.90B

122.71

1.22B

120.39

1.67B

118.08

2.26B

115.76

3.53B

113.44

4.98B

111.13

5.64B

108.81

7.48B

106.50

8.32B

104.18

7.88B

101.87

6.18B

99.55

7.49B

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.