A weighted hair accessory device is provided, wherein the hair accessory device includes a main body including a first movable arm and a second movable arm, wherein the main body is configured to move between an open and a closed position; a hinge element pivotally connecting a first end of the first movable arm to a first end of the second movable arm; and a securing device having a first latching element located at a second end of the first movable arm and a second latching element located at a second end of the second movable arm, wherein the securing device is configured to releasably secure the main body in the closed position. The hair accessory device is configured to apply weight to a portion of hair in order to straighten and/or prevent shrinkage of the portion of hair during drying, e.g., without the use of chemical substances or heat.