It looks like the installer failed to seat the head of the shank prior to pulling the mandrel. The issue is that the head of the shank needs to bear against the aluminum skin to provide any real clamping force. Maybe they were not paying attention, or it could be that there is an obstruction that prevented full seating.
Once a pop (blind) rivet mandrel is pulled there is nothing you can really do with the rivet short of drilling it out and replacing it in kind. You can try to tap it in which may seat the head, but that will push the bulb end away from whatever it is bearing against, so I would not go this route.
I would drill it out and install a new rivet.
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