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Dark pool — off-exchange short volume

Short ratio (latest)
30.4%
20-day average
57.4%
Off-exchange share (20d)
38%

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

1101.70
0.12B
1080.52
0.54B
1059.33
0.47B
1038.14
0.12B
1016.96
0.36B
995.77
1.69B
974.58
2.30B
953.40
4.88B
932.21
4.84B
911.02
2.52B

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.