BFH Dark Pool Activity
Bread Financial Holdings, Inc.
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 244K BFH shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 164K of those shares (67.3%) were marked short or short-exempt, below BFH's 30-day rolling average of 76.2% (z-score -0.97). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), BFH's off-exchange short volume ratio ranged from 65.7% to 81.8% and averaged 75.5%; the latest reading is below that 10-session average.
Off-Exchange Volume
244K
Short Volume
164K
Short Volume Ratio
67.3%
30-Day Average
76.2%
z-score -0.97
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 179K | 146K | 81.8% |
| Oct 13, 2026 | 154K | 101K | 65.7% |
| Oct 14, 2026 | 182K | 133K | 73.2% |
| Oct 15, 2026 | 190K | 148K | 77.8% |
| Oct 16, 2026 | 153K | 112K | 72.9% |
| Oct 19, 2026 | 159K | 117K | 73.8% |
| Oct 20, 2026 | 224K | 183K | 81.7% |
| Oct 21, 2026 | 333K | 271K | 81.1% |
| Oct 22, 2026 | 456K | 364K | 79.7% |
| Oct 23, 2026 Latest | 244K | 164K | 67.3% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
BFH dark pool FAQ
- How much BFH off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 244K BFH shares in publicly disseminated off-exchange trades on Oct 23, 2026; 164K of those shares (67.3%) were marked short or short-exempt.
- Is BFH's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, BFH's short volume ratio of 67.3% is below BFH's 30-day rolling average of 76.2% (z-score -0.97). Meridian's dark pool model does not flag this reading as an anomaly.
- What does the dark pool short volume ratio measure?
- FINRA publishes daily short sale volume for trades reported off-exchange to its trade reporting facilities, which include dark pools and other off-exchange venues. The ratio divides FINRA's ShortVolume figure, which counts both short and short-exempt sales, by the total off-exchange shares reported for that day. It is not short interest and not a directional signal: market-maker hedging and reporting mechanics can raise it, so it is context for other signals.