In this thread, where people report that the ranking the featured items in your shop feature is not working properly, RD responds:
RevolvingDork
Etsy Admin says:
It may help “clear” things out if you un-feature all of your listings, then re-feature them.
Posted at 10:37 pm, May 9 2007 EST
May 11th, 2007 at 7:58 pm
This always works for me.
May 12th, 2007 at 10:44 am
This is a periodic problem for me. Moving another item relative to the one you are trying to move works well too. I usually have lots of items marked as featured so don’t unfeature all the listings. Too much of a PITA.