News Summary

• Construction Partners closed the quarter with growth accelerating, a record backlog, and a new data center pipeline still in its early innings.
• But the same quarter showed thinner gross margins, fresh debt layered onto a balance sheet still above its own leverage target.
• Short interest sits at 9.64% of float, a level that signals a genuine bear camp rather than background noise.
• While we acknowledge the potential of ROAD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.