According to Georg Zoeller it's intended, that's good enough for me.
Bleeds = Internal by the way, mouse over Shrap bomb and read the discription.
yes on shrap it says it specifically says it BLEEDS for a specific amount of damage... on wounding shot it does not mention any bleed... and yes bleed is a internal damage but an internal damage shot doesnt necessarily mean its a bleed.
P.S. link to where george zoeller said it is intended please.... if they are willing to accept the bug as intended then i guess oh well... but then they need to reword their wounding shot