Sentiment · SO

Dark Pool Volume for SO

AI-generated plain-English read of dark pool volume for SO. Updated daily.

Off-exchange share is at an extreme and still rising: institutional players are routing an increasing fraction of flow off-lit, which usually precedes a directional move. Watch the next 3-5 sessions for the tape to confirm.

What will probably happen

Off-exchange share at these levels historically precedes continued momentum in the direction of the prevailing chart trend.
Persistence over 4+ days suggests an ongoing campaign, not a one-day block. The institutional actor hasn't finished yet.

What to do

If you HOLD this stock: The sustained rise in off-exchange share suggests an active institutional campaign. Hold your position: the institutional flow is likely aligned with the prevailing trend. Tighten your stop only if the chart breaks a key support level.
If you TRADE this stock (no options): Lean with the prevailing chart trend: the rising off-exchange share suggests institutional momentum. Enter on the first lit-market pullback toward support.
If you trade OPTIONS: The directional tail risk is elevated: consider long calls or a bull call spread in line with the chart trend. Avoid naked premium sales until the regime stabilises.

30 days of data with a consistent regime (persistent high): the signal is stable and reliable.

Technical details

Technical analysis

Level: extreme
Trend: rising
Volume day: normal day
Persistence: persistent high
Days of data: 30
Latest short_pct: 56.8%
30d median volume: 1,945,989
5-day avg short_pct: 61.6%
Latest total volume: 1,839,137
30-day avg short_pct: 58.5%

Key levels

Key price and metric levels
Level	Value
avg 5d short pct	0.616
latest short pct	0.568
avg 30d short pct	0.585
median 30d volume	1,945,989.5
latest total volume	1,839,137

Caveats

FINRA short-volume data is NOT short interest: short_pct measures off-exchange volume fraction, not directional short positioning.