SNOW Dark Pool Activity
Snowflake Inc.
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 1.4M SNOW shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 871K of those shares (61.7%) were marked short or short-exempt, above SNOW's 30-day rolling average of 55.8% (z-score 0.63). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), SNOW's off-exchange short volume ratio ranged from 39.4% to 61.7% and averaged 50.4%; the latest reading is above that 10-session average.
Off-Exchange Volume
1.4M
Short Volume
871K
Short Volume Ratio
61.7%
30-Day Average
55.8%
z-score 0.63
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 1.7M | 942K | 55.0% |
| Oct 13, 2026 | 1.6M | 951K | 58.4% |
| Oct 14, 2026 | 2.2M | 938K | 42.8% |
| Oct 15, 2026 | 2.8M | 1.3M | 47.3% |
| Oct 16, 2026 | 4.5M | 1.8M | 39.4% |
| Oct 19, 2026 | 2.8M | 1.3M | 47.5% |
| Oct 20, 2026 | 2.2M | 1.1M | 50.1% |
| Oct 21, 2026 | 1.3M | 643K | 51.4% |
| Oct 22, 2026 | 1.9M | 965K | 50.0% |
| Oct 23, 2026 Latest | 1.4M | 871K | 61.7% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
SNOW dark pool FAQ
- How much SNOW off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 1.4M SNOW shares in publicly disseminated off-exchange trades on Oct 23, 2026; 871K of those shares (61.7%) were marked short or short-exempt.
- Is SNOW's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, SNOW's short volume ratio of 61.7% is above SNOW's 30-day rolling average of 55.8% (z-score 0.63). 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.