Tradr to Liquidate Two SK hynix ETFs After Nov. 5 Last Trading Day

The board of Investment Managers Series Trust II approved liquidation of two Tradr ETFs tied to SK hynix, with trading on Cboe BZX scheduled to end Nov. 5.

The funds are the Tradr 2X Long SK hynix Daily ETF (SKHA) and the Tradr 2X Short SK hynix Daily ETF (SKHN). Both are based on SKHY shares and set daily targets for a single trading day.

SKHA seeks twice SKHY shares’ daily performance. SKHN seeks twice the inverse (opposite-direction) daily performance.

On or about Nov. 12, the funds will cease operations, liquidate assets and prepare to distribute proceeds. Nov. 5 is the final trading date; the later date covers the operational wind-down and distribution preparations.

Tradr launched the funds July 28, about three and a half months before their planned Nov. 12 liquidation.