They also sent out hold requests to everyone who submitted short fiction in their last (very short) open reading period. I wasn't able to submit because I was out of the country and am now somewhat glad of the fact.

The claimed reason is because they're behind on reading slush, but they used their shortlist form to tell people...instead of spending a couple of minutes writing one which says "We're behind, be patient."

I'm seeing the kind of patterns that come before a publisher declares bankruptcy here.