Morgan Stanley Cushing MLP High Income Index ETN (NYSEARCA:MLPY) Stock Price Down 0.4% – Here’s Why

Morgan Stanley Cushing MLP High Income Index ETN (NYSEARCA:MLPYGet Free Report) was down 0.4% during trading on Tuesday . The company traded as low as $4.74 and last traded at $4.78. Approximately 12,000 shares were traded during trading, a decline of 12% from the average daily volume of 13,678 shares. The stock had previously closed at $4.80.

Morgan Stanley Cushing MLP High Income Index ETN Price Performance

The company’s 50-day moving average is $4.78 and its 200-day moving average is $4.78.

About Morgan Stanley Cushing MLP High Income Index ETN

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Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance.

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