Okay, this isn't intended to be insulting, but did you go through all the installation instructions?
I dug up the instruction manual for this thing, and it's 20 pages with very specific directions for installing jumpers and setting CVs so that this will work correctly with various brands of DCC system (NCE and Digitrax are two that require special settings and jumpers).
There are also directions for installing wires to it. Did you go through all that, or just hook power to it and see if it tripped on a dead short?
Frankly, I'm stunned that something like this needs 20 pages of instructions and needs to have CV's set on it. That's a whole lot of crazy for an electronic circuit breaker.