hi heaterguy;
I understand that there is a common busbar to which all heaters are connected.
Yes, the current will flow through the bus bar between the heaters.
The bus bar may remain floating but there are issues.
With the bus bar floating;
If there is a loss of one phase, the voltage vectors will straighten out into a single phase and the voltage will drop on the remaining heaters.
For instance, If you are using a 120/208 volt supply with a floating neutral, and you lose one phase, the voltage across the heaters on the other two lines will drop from 120 volts to 208/2=104 volts.
If the heaters are not balanced as to impedance, (resistance for resistors or heaters), the group with the lowest impedance or resistance will receive a higher voltage.
If a heater fails open (burns out), the voltage will increase to the group that it was in. If a second heater fails in the same group, the voltage will increase further.
I have seen heaters connected as you describe, but you may want to consider running a neutral conductor from the common bus back to the neutral connection in the panel. If this is not feasible either for technical reasons or differences of opinion, don't worry about it too much. Just remember that unbalanced voltages on the heaters some time in the future is an indication that a heater may need to be replaced.
respectfully