Thanks for reaching out to us. We are very pleased to support you.
According to the information you provided and the research I have done, I may understand that the items don't move just right to the position you specified when you move items in the same list. If there is anything wrong, please correct me.
If nothing else, I tested it in my environment and found everything to be fine.
You can see the orange line during the move identifies the target location of the item.
This doesn't appear to be a bug and is likely a random issue. Please run the following tests to troubleshoot why the issue is occurring:
- Ask your colleague to do the same on his computer to see if the problem persists.
- I recommend that you test on other lists to see if the problem affects all lists. If the problem is only with this one list, I suggest you recreate the list and move the data to the new list.
If you have any questions, please do not hesitate to contact me.
Moreover, if the issue can be fixed successfully, please click "Accept Answer" so that we can better archive the case and the other community members who are suffering the same issue can benefit from it.
Your kind contribution is much appreciated.