BR Dark Pool Activity
Broadridge Financial Solutions, Inc.
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 320K BR shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 190K of those shares (59.4%) were marked short or short-exempt, above BR's 30-day rolling average of 51.7% (z-score 0.89). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), BR's off-exchange short volume ratio ranged from 49.5% to 63.3% and averaged 56.8%; the latest reading is above that 10-session average.
Off-Exchange Volume
320K
Short Volume
190K
Short Volume Ratio
59.4%
30-Day Average
51.7%
z-score 0.89
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 146K | 80K | 54.8% |
| Oct 13, 2026 | 184K | 95K | 51.6% |
| Oct 14, 2026 | 188K | 93K | 49.5% |
| Oct 15, 2026 | 212K | 128K | 60.5% |
| Oct 16, 2026 | 247K | 124K | 50.4% |
| Oct 19, 2026 | 272K | 170K | 62.5% |
| Oct 20, 2026 | 280K | 155K | 55.2% |
| Oct 21, 2026 | 204K | 129K | 63.3% |
| Oct 22, 2026 | 262K | 159K | 60.5% |
| Oct 23, 2026 Latest | 320K | 190K | 59.4% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
BR dark pool FAQ
- How much BR off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 320K BR shares in publicly disseminated off-exchange trades on Oct 23, 2026; 190K of those shares (59.4%) were marked short or short-exempt.
- Is BR's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, BR's short volume ratio of 59.4% is above BR's 30-day rolling average of 51.7% (z-score 0.89). 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.