It is a 1983 mercury short shaft. Here is a link to the diagram at boats.net but I can't tell if it should lock into something that would restrict it's vertical movement or not.
https://www.boats.net/parts/search/Merc2/Mercury/25%20%282%20CYL.%29/5705532%20THRU%206416712/GEAR%20HOUSING%20%28DRIVE%20SHAFT%29/parts.html