IWD Dark Pool Activity
iShares Russell 1000 Value ETF
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 680K IWD shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 367K of those shares (54.0%) were marked short or short-exempt, below IWD's 30-day rolling average of 55.7% (z-score -0.17). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), IWD's off-exchange short volume ratio ranged from 45.3% to 74.6% and averaged 59.2%; the latest reading is below that 10-session average.
Off-Exchange Volume
680K
Short Volume
367K
Short Volume Ratio
54.0%
30-Day Average
55.7%
z-score -0.17
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 943K | 427K | 45.3% |
| Oct 13, 2026 | 950K | 657K | 69.2% |
| Oct 14, 2026 | 763K | 445K | 58.3% |
| Oct 15, 2026 | 903K | 496K | 54.9% |
| Oct 16, 2026 | 1.2M | 642K | 54.9% |
| Oct 19, 2026 | 945K | 434K | 45.9% |
| Oct 20, 2026 | 618K | 430K | 69.7% |
| Oct 21, 2026 | 639K | 416K | 65.1% |
| Oct 22, 2026 | 1.2M | 876K | 74.6% |
| Oct 23, 2026 Latest | 680K | 367K | 54.0% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
IWD dark pool FAQ
- How much IWD off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 680K IWD shares in publicly disseminated off-exchange trades on Oct 23, 2026; 367K of those shares (54.0%) were marked short or short-exempt.
- Is IWD's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, IWD's short volume ratio of 54.0% is below IWD's 30-day rolling average of 55.7% (z-score -0.17). 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.