Looks like the storm is continuing to reorganize, but I don't think it's about the shear out or collapse. The infrared imagery is kinda deceiving, giving the apperance of something awry at foot, but the visible imagery shows the center still on the north side of the convective mass, not moving a whole lot but trending eastward.

My best guess is that the center is continually trying to reform underneath the deepest convection, but having a tough time staying there due to moderate shear across the storm. It's not going to not get to hurricane intensity without a fight.