FNV Dark Pool Activity
Franco-Nevada Corporation
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 224K FNV shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 131K of those shares (58.4%) were marked short or short-exempt, below FNV's 30-day rolling average of 58.9% (z-score -0.05). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), FNV's off-exchange short volume ratio ranged from 42.3% to 63.3% and averaged 50.9%; the latest reading is above that 10-session average.
Off-Exchange Volume
224K
Short Volume
131K
Short Volume Ratio
58.4%
30-Day Average
58.9%
z-score -0.05
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 95K | 44K | 46.1% |
| Oct 13, 2026 | 121K | 61K | 50.1% |
| Oct 14, 2026 | 241K | 153K | 63.3% |
| Oct 15, 2026 | 240K | 108K | 45.0% |
| Oct 16, 2026 | 179K | 85K | 47.3% |
| Oct 19, 2026 | 114K | 55K | 48.6% |
| Oct 20, 2026 | 179K | 76K | 42.3% |
| Oct 21, 2026 | 140K | 74K | 53.0% |
| Oct 22, 2026 | 190K | 104K | 54.8% |
| Oct 23, 2026 Latest | 224K | 131K | 58.4% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
FNV dark pool FAQ
- How much FNV off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 224K FNV shares in publicly disseminated off-exchange trades on Oct 23, 2026; 131K of those shares (58.4%) were marked short or short-exempt.
- Is FNV's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, FNV's short volume ratio of 58.4% is below FNV's 30-day rolling average of 58.9% (z-score -0.05). 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.