{"slug":"finra-short-volume-ratio-by-ticker","qid":"finra_vs_tape","label":"FINRA reported off exchange volume against consolidated tape volume","post_title":"FINRA Short Volume Ratio by Ticker","post_url":"/blog/finra-short-volume-ratio-by-ticker#q-finra_vs_tape","columns":["ticker","finra_offexchange_millions","consolidated_tape_millions","offexchange_share_of_tape_pct"],"rows":[{"ticker":"SPY","finra_offexchange_millions":17.9,"consolidated_tape_millions":46.2,"offexchange_share_of_tape_pct":38.8},{"ticker":"NVDA","finra_offexchange_millions":32.5,"consolidated_tape_millions":88.1,"offexchange_share_of_tape_pct":36.9},{"ticker":"AAPL","finra_offexchange_millions":11.6,"consolidated_tape_millions":31.7,"offexchange_share_of_tape_pct":36.5},{"ticker":"MSFT","finra_offexchange_millions":6.3,"consolidated_tape_millions":17.8,"offexchange_share_of_tape_pct":35.4},{"ticker":"JNJ","finra_offexchange_millions":1.8,"consolidated_tape_millions":5.3,"offexchange_share_of_tape_pct":33.5},{"ticker":"KO","finra_offexchange_millions":4.1,"consolidated_tape_millions":13.2,"offexchange_share_of_tape_pct":31.5}],"shape":"ranking","sql":"SELECT\n    f.ticker                                                          AS ticker,\n    round(toFloat64(f.reported_vol) / 1e6, 1)                         AS finra_offexchange_millions,\n    round(toFloat64(t.tape_vol) / 1e6, 1)                             AS consolidated_tape_millions,\n    round(100 * toFloat64(f.reported_vol) / toFloat64(t.tape_vol), 1) AS offexchange_share_of_tape_pct\nFROM\n(\n    SELECT ticker, max(total_volume) AS reported_vol\n    FROM global_markets.stocks_short_volume\n    WHERE date = '2026-09-15'\n      AND ticker IN ('AAPL', 'MSFT', 'NVDA', 'SPY', 'KO', 'JNJ')\n    GROUP BY ticker\n) AS f\nINNER JOIN\n(\n    SELECT ticker, max(volume) AS tape_vol\n    FROM global_markets.stocks_daily_aggs\n    WHERE date = '2026-09-15'\n      AND ticker IN ('AAPL', 'MSFT', 'NVDA', 'SPY', 'KO', 'JNJ')\n    GROUP BY ticker\n) AS t ON t.ticker = f.ticker\nORDER BY offexchange_share_of_tape_pct DESC","computed_at":"2026-09-27T15:16:17.938324+00:00","elapsed":0.007361521}