Once in the water, a small weeping rivet 'leak' could let quite a bit of water into the hull.......
I don't know exactly how Tracker boats are built, but on Starcraft tin, there is NO seam along the keel, the hull is a continous sheet of aluminum:
The keel strip is applied to the outside only.
From your pix, it seems the same for Tracker boats. Except for that weld along the bottom:
Or is that ^^^ more traces left behind of the expanding foam?
Otherwise, the hull is continous above the keel & that gap isn't likely to be letting water IN.
Since there's a gap now where you think there was none before, those rivets can no longer be bucked tight. If they aren't, they are loose and aren't water tight either.
If the gap or the impact that caused the gap is severe enough, the rivets could be cracked or sheered along their shank. The heads merely held in place by paint, gunk, some other kind of crud or whatever little bit of rivet shank left intact.
The rivets could in fact look & feel bucked tight, but are just loose enough along a seam to allow the seam to weep.