RY Dark Pool Activity
Royal Bank Of Canada
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 3.4M RY shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 3.3M of those shares (96.4%) were marked short or short-exempt, above RY's 30-day rolling average of 42.6% (z-score 6.97). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), RY's off-exchange short volume ratio ranged from 33.9% to 96.4% and averaged 50.2%; the latest reading is above that 10-session average.
Off-Exchange Volume
3.4M
Short Volume
3.3M
Short Volume Ratio
96.4%
30-Day Average
42.6%
z-score 6.97
Flagged as an anomaly
Meridian's dark pool model flags RY's reading on Oct 23, 2026 as an anomaly (z-score 6.97 versus its 30-day rolling average).
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 155K | 53K | 33.9% |
| Oct 13, 2026 | 184K | 84K | 45.5% |
| Oct 14, 2026 | 173K | 69K | 39.8% |
| Oct 15, 2026 | 186K | 103K | 55.3% |
| Oct 16, 2026 | 176K | 82K | 46.7% |
| Oct 19, 2026 | 216K | 86K | 39.8% |
| Oct 20, 2026 | 304K | 141K | 46.2% |
| Oct 21, 2026 | 248K | 127K | 51.3% |
| Oct 22, 2026 | 209K | 99K | 47.1% |
| Oct 23, 2026 Latest | 3.4M | 3.3M | 96.4% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
RY dark pool FAQ
- How much RY off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 3.4M RY shares in publicly disseminated off-exchange trades on Oct 23, 2026; 3.3M of those shares (96.4%) were marked short or short-exempt.
- Is RY's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, RY's short volume ratio of 96.4% is above RY's 30-day rolling average of 42.6% (z-score 6.97). Meridian's dark pool model flags 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.