American Select Portfolio (NYSE:SLA) Stock Passes Below Two Hundred Day Moving Average of $2.97

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American Select Portfolio Inc. (NYSE:SLA) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.97 and traded as low as $2.66. American Select Portfolio shares last traded at $2.66, with a volume of 157 shares traded.

The company’s 50-day simple moving average is $3.10 and its 200-day simple moving average is $2.97.

American Select Portfolio Company Profile (NYSE:SLA)

American Select Portfolio Inc (the Fund) is a diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. Its secondary objective is capital appreciation. The Fund invests in mortgage-related assets that directly or indirectly represent a participation in or are secured by and payable from mortgage loans.

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