VZ

Dark pool — off-exchange short volume

GEX Back to dark pool

Short ratio (latest)

55.1%

20-day average

54.2%

Off-exchange share (20d)

33%

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

50.73

1.74B

49.79

6.24B

48.85

6.51B

47.91

6.94B

46.97

7.90B

46.04

5.01B

45.10

2.94B

44.16

2.98B

43.22

9.42B

42.28

24.6B

41.34

51.3B

40.40

54.1B

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.