VTR

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

68.4%

20-day average

61.5%

Off-exchange share (20d)

34%

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

90.55

0.22B

88.87

1.30B

87.19

2.20B

85.52

2.14B

83.84

1.42B

82.16

1.05B

80.49

0.74B

78.81

1.44B

77.13

1.34B

75.46

1.16B

73.78

0.43B

72.10

0.18B

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.