I went and had a look at my trailer and my rocker arm was much shorter than the one in the pic. (But that could be a camera angle visual thing) On mine, the bolt is located just about 50mm towards the front off the trailer from the actual center of the arm. In the picture a couple of posts above, the rear part is about twice the length of the front part which is why yours drags on the ground when the boat isn't on it. It is relying on the pressure of the bolt to keep it in place and there is not enough pressure to hold it in place.
If the arm is actually twice as long as the front part and it isn't a camera angle thing, then It may be that someone has replaced the original arm with a much longer arm to make it "more suitable" for a longer boat. If it was my trailer I would be more inclined to drill another hole or two toward the rear of the arm to make it more centrally balanced by repositioning the bolt, which will also move the arm further towards the front of the trailer, there by balancing it a bit better. Alternatively if you like it the way it is, I would fit a small "rubber" stopper to the towards back of the U channel under that arm that holds it up.
rocker arm.jpg