XLC

Dark pool · off-exchange short volume

as of 2026-11-05

XLC's off-exchange short-volume ratio was 73.7% on 5 Nov 2026, above its 20-day average of 57.7%. Off-exchange trading was 34% of volume over the last 20 sessions. 5 sessions in the last six months had unusually large off-exchange dollar volume, the latest on 3 Nov 2026.

Short ratio (latest)

73.7%

20-day average

57.7%

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

115.46

0.31B

113.36

3.28B

111.26

9.82B

109.16

2.86B

107.06

2.62B

104.96

1.41B

102.86

0.63B

100.76

1.48B

98.66

0.07B

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.