Crosshair in second player's screen disappears when first player interacts with chests and more while in splitscreen

While in local multiplayer (e.g. splitscreen), the second player who joins the world has their cursor/crosshairs completely disappear when the first player (whose world we are playing on) opens a chest or a crafting table, etc. This happened up until the Chasing the Skies update but I cannot confirm that this currently still happens due to a different bug that prevents splitscreen play between two different accounts. Since I didn’t see it on the update list I suspect it’s still a problem.