WASH short interest declines, indicating growing optimism among investors

Roman Campbell

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Washington Trust Bancorp, Inc shares valued at $89,070 were purchased by DiMuccio Robert A on Aug 25 ’25. At $29.69 per share, DiMuccio Robert A acquired 3,000 shares. The insider’s holdings grew to 23,346 shares worth approximately $0.67 million following the completion of this transaction.

Also, Ohsberg Ronald S. purchased 3,700 shares, netting a total of over 99,715 in proceeds. Following the buying of shares at $26.95 each, the insider now holds 22,912 shares.

Before that, RYAN KATHLEEN A had sold 544 shares from its account. In a trade valued at $15,043, the EVP and Chief Wealth Mgmt traded Washington Trust Bancorp, Inc shares for $27.65 each. Upon closing the transaction, the insider’s holdings decreased to 544 shares, worth approximately $0.25 million.

As published in a research note from Piper Sandler on July 22, 2025, Washington Trust Bancorp, Inc [WASH] has been rated down from a Neutral to an Underweight and the price target has been revised to $28. Analysts at BofA Securities started covering the stock with ‘”a Neutral”‘ outlook in a report released in late May. As of March 14, 2025, Seaport Research Partners has increased its “Neutral” rating to a “Buy” for WASH. Earlier on October 22, 2024, Piper Sandler upgraded its rating. Their new recommendation was “a Neutral” for WASH stock which previously was a “an Underweight”.

Analyzing WASH Stock Performance

On last trading session, Washington Trust Bancorp, Inc [NASDAQ: WASH] plunged -0.07% to $28.59. The stock’s lowest price that day was $28.4, but it reached a high of $28.79 in the same session. During the last five days, there has been a surge of approximately 6.80%. Over the course of the year, Washington Trust Bancorp, Inc shares have dropped approximately -23.58%. Shares of the company reached a 52-week high of $34.13 on 02/10/25 and a 52-week low of $24.95 on 04/04/25.

Support And Resistance Levels for Washington Trust Bancorp, Inc (WASH)

According to the 24-hour chart, there is a support level at 28.40, which, if violated, would cause prices to drop to 28.20. In the upper region, resistance lies at 28.79. The next price resistance is at 28.98. RSI (Relative Strength Index) is 60.17 on the 14-day chart, showing neutral technical sentiment.

Is Washington Trust Bancorp, Inc subject to short interest?

Stocks of Washington Trust Bancorp, Inc saw a sharp steep in short interest on 2025-11-14 dropping by -0.15 million shares to 0.73 million. Data from Yahoo Finance shows that the short interest on 2025-10-15 was 0.89 million shares. A decline of -20.93% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.18 of the overall float, the days-to-cover ratio (short ratio) decline to 5.18.

Which companies own the most shares of Washington Trust Bancorp, Inc (WASH)?

In terms of Washington Trust Bancorp, Inc share price expectations, FactSet research, analysts set an average price target of 34 in the next 12 months, up nearly 18.84% from the previous closing price of $28.61. Analysts anticipate Washington Trust Bancorp, Inc stock to reach 34 by 2025, with the lowest price target being 34. In spite of this, 2 analysts ranked Washington Trust Bancorp, Inc stock as Hold at the end of 2025.

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.