TreeView does not report correct state after reordering

Reproduction steps:
1. Open the user's attached project
2. Open Assets > Scene
3. Select "MyComponent" in the Hierarchy
4. In the Inspector drag and drop the item ID 200 at the root of the tree

Expected result: Console gets a message about updated tree
Actual result: Console gets a message about not yet updated tree

Reproduced with: 2022.1.0b8, 2022.2.0a5
Could not test with: 2019.4.36f1, 2020.3.29f1, 2021.2.12f1 (was unable to test it due to protection errors)