NOW Dark Pool Activity
ServiceNow, Inc.
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 6.0M NOW shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 2.6M of those shares (43.8%) were marked short or short-exempt, below NOW's 30-day rolling average of 49.5% (z-score -0.77). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), NOW's off-exchange short volume ratio ranged from 43.8% to 59.4% and averaged 52.9%; the latest reading is below that 10-session average.
Off-Exchange Volume
6.0M
Short Volume
2.6M
Short Volume Ratio
43.8%
30-Day Average
49.5%
z-score -0.77
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 4.4M | 2.4M | 55.0% |
| Oct 13, 2026 | 5.9M | 3.2M | 55.1% |
| Oct 14, 2026 | 5.5M | 2.8M | 50.8% |
| Oct 15, 2026 | 7.7M | 4.6M | 59.4% |
| Oct 16, 2026 | 6.9M | 3.9M | 56.0% |
| Oct 19, 2026 | 3.7M | 1.9M | 51.2% |
| Oct 20, 2026 | 4.8M | 2.4M | 49.0% |
| Oct 21, 2026 | 5.1M | 2.8M | 53.9% |
| Oct 22, 2026 | 7.5M | 4.2M | 55.2% |
| Oct 23, 2026 Latest | 6.0M | 2.6M | 43.8% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
NOW dark pool FAQ
- How much NOW off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 6.0M NOW shares in publicly disseminated off-exchange trades on Oct 23, 2026; 2.6M of those shares (43.8%) were marked short or short-exempt.
- Is NOW's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, NOW's short volume ratio of 43.8% is below NOW's 30-day rolling average of 49.5% (z-score -0.77). 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.