I found this tool in a toolkit which I had lying around.
I am not sure what this is as I didn't purchase this kit.
The kit, in addition, had a ratchet screwdriver, bits and some tweezers and a precision pickup claw tool.
Electronic – Help identify this tool
identificationtools
Related Solutions
I've used this one:
It works well for small pcbs.
You can get it from http://www.adafruit.com/products/151
edit: This is Panavise model 201 PV Jr. Many of catalog distributors carry it (Jameco among others).
It's an MJD31, which is equivalent to a TIP31 (a popular 3A 40V NPN transistor).
To see if it is causing the short you could just unsolder the Emitter lead. Inductor L3 looks like its insulation has broken down, and will also need to be replaced or rewound.
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Best Answer
Looks like an IC inserter. Inserts 14 or 16 pin DIPs.