The item icons for the amulets, rings, etc. can overlap which can show a visual error where durability bars will merge together or the enchantment glint can show on part of an non-enchanted item. By any chance that these could get altered in a way so they don't overlap?

In the image, I have the Lurker Skin Pouch, Bark Amulet & Magic item Magnet equipped. The Lurker Skin Pouch has a slight glint due to the Bark Amulet's enchantment glint and the durability bars for the Bark Amulet & Magic Item Magnet overlap making it look longer than normal.

Rings have an overlap as well with the their durability bars although RNG wasn't kind enough to give me another Ring of Power so I couldn't show it in the image. I could've spawned it in but... eh.

P.S.
Could there be a config option to move the Equipment HUD?