Not really
A search for "water" on D&D Beyond yields only other spells, monsters and magic items, no general rules sections related to spellcasting.
That means rules that apply are just the general rules from the Spellcasting chapter of the PHB, for the parameters this spell has, and rules about water.
The second bullet that shape water you ask about states, in context:
You choose an area of water that you can see within range and that fits within a 5-foot cube. You manipulate it in one of the following ways:
(...)
You cause the water to form into simple shapes and animate at your direction. This change lasts for 1 hour.
There are general rules about being underwater. Potentially, as the animated water is not a creature, you have it animate into a simple cube shape, and using the first bullet, move it into the same space as another creature, and impose the effects of Underwater Combat (PHB p. 198) on that space.
The area of the spell is a 5 foot cube, so it is an Area of Effect spell.
The duration of Shape Water is instantaneous, even though the effect of bullet 2 persists for one hour. An instantaneous spell
harms, heals, creates, or alters a creature or an object in a way that can’t be dispelled, because its magic exists only for an instant.
The water is neither a creature, nor is an object (although the latter may be debated), so this spell can specifically animate something not covered by this rule.
Your DM will need to decide if they treat the animated water as an ongoing magical effect, even though the spell is instantaneous, or if they rule that, like an undead creature, once created the animated water is a normal thing in their fantasy world.
If it is a normal thing, then it neither can be dispelled, nor can it be interrupted or split by intersecting the line of effect from its point of origin.
If it is an ongoing magical effect, it can be dispelled (at least, if you cast dispel magic on fourth level, it's worded ambigously, too). An ongoing effect emanating from the point of origin, needs ongoing line of effect, and so it also could be dirupted by intersecting it by closing a door or similar.