TOST Dark Pool Activity
Toast, Inc.
Data as of Oct 23, 2026 · Source: FINRA daily short sale volume (off-exchange)
On Oct 23, 2026, FINRA reported 2.0M TOST shares in publicly disseminated off-exchange trades (dark pools and other off-exchange venues). 879K of those shares (43.0%) were marked short or short-exempt, below TOST's 30-day rolling average of 61.6% (z-score -2.16). Over the last 10 FINRA sessions (Oct 12, 2026 – Oct 23, 2026), TOST's off-exchange short volume ratio ranged from 38.1% to 69.1% and averaged 55.7%; the latest reading is below that 10-session average.
Off-Exchange Volume
2.0M
Short Volume
879K
Short Volume Ratio
43.0%
30-Day Average
61.6%
z-score -2.16
Daily readings — last 10 FINRA sessions
| Date | Off-exchange shares | Short shares | Short ratio |
|---|---|---|---|
| Oct 12, 2026 | 1.7M | 1.1M | 64.7% |
| Oct 13, 2026 | 2.2M | 1.2M | 53.5% |
| Oct 14, 2026 | 3.8M | 2.6M | 69.1% |
| Oct 15, 2026 | 3.6M | 2.5M | 68.2% |
| Oct 16, 2026 | 3.4M | 1.7M | 50.4% |
| Oct 19, 2026 | 1.4M | 828K | 59.9% |
| Oct 20, 2026 | 2.5M | 1.2M | 50.0% |
| Oct 21, 2026 | 3.0M | 1.8M | 60.2% |
| Oct 22, 2026 | 3.7M | 1.4M | 38.1% |
| Oct 23, 2026 Latest | 2.0M | 879K | 43.0% |
Source: FINRA daily short sale volume (off-exchange). Ratio = ShortVolume ÷ TotalVolume for the day.
TOST dark pool FAQ
- How much TOST off-exchange volume did FINRA report on Oct 23, 2026?
- FINRA's daily short sale volume file reported 2.0M TOST shares in publicly disseminated off-exchange trades on Oct 23, 2026; 879K of those shares (43.0%) were marked short or short-exempt.
- Is TOST's dark pool short volume ratio unusual right now?
- As of Oct 23, 2026, TOST's short volume ratio of 43.0% is below TOST's 30-day rolling average of 61.6% (z-score -2.16). 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.