EEM Dark Pool Activity
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Data as of Oct 26, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 26, 2026, FINRA reported 4.6M EEM shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 2.8M of those shares (59.7%) were marked short or short-exempt, above EEM's 30-day rolling average of 59.1% (z-score 0.08). Over the last 10 FINRA sessions (Oct 13, 2026 – Oct 26, 2026), EEM's off-exchange short volume ratio ranged from 49.6% to 70.7% and averaged 58.1%; the latest reading is above that 10-session average.
Off-Exchange Volume
4.6M
Short Volume
2.8M
Short Volume Ratio
59.7%
30-Day Average
59.1%
z-score 0.08
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 13, 2026 | 5.4M | 3.3M | 60.2% |
| Oct 14, 2026 | 6.5M | 3.6M | 55.2% |
| Oct 15, 2026 | 6.4M | 3.5M | 54.7% |
| Oct 16, 2026 | 12.1M | 7.3M | 60.7% |
| Oct 19, 2026 | 4.7M | 2.9M | 60.7% |
| Oct 20, 2026 | 6.1M | 3.0M | 49.6% |
| Oct 21, 2026 | 4.7M | 3.4M | 70.7% |
| Oct 22, 2026 | 8.2M | 4.5M | 54.5% |
| Oct 23, 2026 | 7.7M | 4.2M | 54.9% |
| Oct 26, 2026 Latest | 4.6M | 2.8M | 59.7% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
EEM dark pool FAQ
- How much EEM off-exchange volume did FINRA report on Oct 26, 2026?
- FINRA's daily short sale volume file reported 4.6M EEM shares in publicly disseminated off-exchange trades on Oct 26, 2026; 2.8M of those shares (59.7%) were marked short or short-exempt.
- Is EEM's dark pool short volume ratio unusual right now?
- As of Oct 26, 2026, EEM's short volume ratio of 59.7% is above EEM's 30-day rolling average of 59.1% (z-score 0.08). 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.