I applied for a job that had a 5 year or more experience requirement and some other required and ideal experience requirements. Since I had the main requirements and most of the ideal, I applied and got contacted almost immediately to setup a phone interview time in the coming week. A couple days later I got an email that the original posting was cancelled and reposted. They said the interview was still on, but that I would need to reapply to the new posting to continue in the process. When I did reapply, I noticed that the experience requirement had dropped from 5 to 3 years.
My general question is how should I interpret that? Was there too few who applied, or is this a price shopping situation, or something else?